As the Black Lives Matter movement continues to be under financial investigation on issues bordering mismanagement of donations; the California Department of Justice has threatened to hold the leaders of BLM “personally liable”; if they fail to disclose the details regarding the $60 million donations.
According to the Daily Mail, the Black lives matter leaders have 60 days to release the information to the California Department of Justice; which alleged that, the charity is yet to submit its annual financial reports. The state DOJ (Department of Justice) also requested a copy of BLM’s annual registration renewal fee report and its 2020 IRS tax forms in a letter it sent to the organization.
Consequences on the BLM
If BLM doesn’t comply with this directive, its charity exemption will be revoked. It could also face monthly financial penalties for being delinquent.
The DoJ letter, obtained by the Washington Examiner, States; “directors, trustees, officers and return preparers’ would be ‘personally liable’ for ‘all penalties; interest and other costs incurred to restore exempt status.’