re: Black Lives Matter LLC in danger of going bankrupt

Absolutely shocking I tell ya.

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running an $8.5 million deficit last year

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value of investment accounts fall by almost $10 million

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on-profit's latest Form 990 shows that a loss of just over $961,000

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With all of the transparent accounting, shrewd expenditures, and sound investment strategies how did this ever happen?

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Yeah, it's the prop from "Spaceballs" when the black troopers were combing the desert.

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good...

i sympathize with their cause, but they lost the lede a long time ago...

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i sympathize with their cause

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Making up racial grievances so they don't ever have to accept responsibility for their own actions? You actually support that bullshite?

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Her brother, Paul Cullors, and his two companies were paid $1.6 million for "professional security services" for the tax period ending June 2022. He is listed as one of only two paid employees during the year, receiving a $124,702 salary for his role as "head of security."

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Shalomyah Bowers, the foundation's board secretary…, Bowers' company, Bowers Consulting, was paid almost $1.7 million for management and consulting services.

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From a prior article:

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In July 2020, Paul Cullors, a self-taught graffiti artist, founded the security company Cullors Protection LLC, which received the cash for “professional security services,” the filings show.

There is no storefront or business headquarters for Cullors Protection LLC; the company is registered and operated at Paul Cullors’ home, and it’s unclear if it has any employees besides himself.

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In addition to the cash paid to her brother, Patrisse Cullors, who is listed as the only board member of BLMGNF on its tax filing, doled out $969,459 to a company controlled by Damon Turner, the father of her young son. The group also paid a company owned by one of its current board members — Shalomyah Bowers — $2,167,894 for consulting work.

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You would think they could at least erect a monument to St George of Fentanyl for kicking the whole thing off.

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Too Black to fail.

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Yep. Biden with rescue funds incoming.

Well thats what happens when all the scamsters who ran the organization who only sought to line their pockets from jump street did just that until they couldnt anymore.

I wonder will the IRS plan to look at any of their balance sheets..