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Black Lives Matter LLC in danger of going bankrupt
Posted on 5/24/23 at 1:01 pm
Posted on 5/24/23 at 1:01 pm
LINK
Black Lives Matter risks going bankrupt after running an $8.5 million deficit last year, financial disclosures indicate.
The Black Lives Matter Global Network Foundation (BLMGNF) saw the value of investment accounts fall by almost $10 million in the most recent tax year, according to a copy of its tax return, first reported by The Washington Free Beacon, a conservative website.
The non-profit's latest Form 990 shows that a loss of just over $961,000 was logged on a securities sale of $172,000. The disclosures suggest a year of missteps for the foundation, as well as a dramatic drop in donations.
But they got those big houses in white gated neighborhoods though!
Black Lives Matter risks going bankrupt after running an $8.5 million deficit last year, financial disclosures indicate.
The Black Lives Matter Global Network Foundation (BLMGNF) saw the value of investment accounts fall by almost $10 million in the most recent tax year, according to a copy of its tax return, first reported by The Washington Free Beacon, a conservative website.
The non-profit's latest Form 990 shows that a loss of just over $961,000 was logged on a securities sale of $172,000. The disclosures suggest a year of missteps for the foundation, as well as a dramatic drop in donations.
But they got those big houses in white gated neighborhoods though!
46
Posted on 5/24/23 at 1:02 pm to Byrdybyrd05
Too Black to fail.
Posted on 5/24/23 at 1:03 pm to Byrdybyrd05
Media will fabricate another story, and donations will flourish again.
Posted on 5/24/23 at 1:04 pm to Byrdybyrd05
Posted on 5/24/23 at 1:05 pm to Byrdybyrd05
OT "Moderates" in shambles
This post was edited on 5/24/23 at 1:05 pm
Posted on 5/24/23 at 1:05 pm to Byrdybyrd05
Posted on 5/24/23 at 1:05 pm to Byrdybyrd05
That’s a shame
Posted on 5/24/23 at 1:06 pm to Byrdybyrd05
Election season is upon us.
Surely some civil unrest or racial injustice will spur riots and increased donations.
Surely some civil unrest or racial injustice will spur riots and increased donations.
Posted on 5/24/23 at 1:06 pm to Byrdybyrd05
You hate to see it
Posted on 5/24/23 at 1:06 pm to Byrdybyrd05
Imagine being a white liberal sending money to this sham. While the whole time the organization hates your white skin. Stupid frickers
Posted on 5/24/23 at 1:06 pm to Byrdybyrd05
quote:
first reported by The Washington Free Beacon, a conservative website.
Oh, they done messed up now.....
Posted on 5/24/23 at 1:06 pm to Breauxsif
Is there someone in that thing?
Posted on 5/24/23 at 1:06 pm to Byrdybyrd05
They had enacted so much change !
Glad they spent the money wisely.
Glad they spent the money wisely.
Posted on 5/24/23 at 1:07 pm to Byrdybyrd05
quote:
saw the value of investment accounts fall by almost $10 million in the most recent tax year,
Brandon's America.
Posted on 5/24/23 at 1:08 pm to HogBalls
quote:
Imagine being a white liberal sending money to this sham.
I wish they could steal more from them. This is the end result of white guilt. Let them have what they want good and hard.
Posted on 5/24/23 at 1:08 pm to Breauxsif
There’s seriously a statue of a hair pick? 
Wait, am I a racist for laughing?
Wait, am I a racist for laughing?
Posted on 5/24/23 at 1:09 pm to Byrdybyrd05
BLM only matters once every four years.
Posted on 5/24/23 at 1:09 pm to Byrdybyrd05
quote:
By comparison, for the period between July 1, 2020, and June 30, 2021, the organization reported donations of nearly $77 million, while net assets amounted to $42 million
What exactly are they doing with their millions? Has anyone ever seen a BLM community center or baseball field or senior housing care facility? Has any "charity" provided so little back to the people?
Posted on 5/24/23 at 1:11 pm to Byrdybyrd05
Just like the BPP, except the BPP actually did some good before expanding too much and turning into shite.
Posted on 5/24/23 at 1:11 pm to Byrdybyrd05
Black Lives Matter has always been a scam and anyone who ever supported them is fricking retarded.
The financial arm of BLM was setup solely to process illegal campaign donations for the DNC. The founders were allowed to skim off the top for their troubles.
The financial arm of BLM was setup solely to process illegal campaign donations for the DNC. The founders were allowed to skim off the top for their troubles.
This post was edited on 5/24/23 at 1:13 pm
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