The Black Lives Matter organization is on the fast track to bankruptcy, financial records have revealed.
However, despite hurtling toward financial insolvency, BLM is still handing out seven-figure salaries to executives and the co-founders’ family members, according to a new report from the Free Beacon.
The media outlet got ahold of the group’s 2022 tax return and it shows the “charity” has been burning through the tens of millions of dollars in donations it received to supposedly “fight racism.”
The co-founder of Black Lives Matter trashed the media last year for reporting that the organization’s leaders have been taking huge paychecks without doing anything to benefit “black lives.”
The group’s founders and their family members have been scoring huge paydays while local chapters have received next to nothing of the funds that poured in after George Floyd’s death.
Because of lax reporting, BLM cannot use raise money online anymore.
Patrisse Cullors said at the time: “It