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BLM Co-Founder’s Nonprofit Seeks to Operate in Other States as it Avoids Financial Disclosure in California

Joe Schoffstall writes on FoxNews.com:

A social justice nonprofit chaired by Black Lives Matter co-founder Patrisse Cullors is moving to operate in other states as it avoids filing required financial documents in California, filings show.

Cullors’ nonprofit, Dignity and Power Now, was warned by California’s attorney general’s office in March over its failure to file all the required financial documents for 2019. According to state records, Dignity and Power Now is currently delinquent in California, where it is incorporated.

From the same article:

“As a condition of their tax-exempt status, nonprofit groups are required by the IRS and state regulators to disclose significant information about their finances,” said Peter Flaherty, chairman of the National Legal and Policy Center. “It is important for groups soliciting donations to file accurately and on time.”

Also:

“When a nonprofit that engages in advocacy is supported by a small number of wealthy individuals or big corporations, disclosure is even more important so the public can make its own judgments about whether there is a hidden agenda,” Flaherty said. “When it comes to state-level regulation of charities, filing delinquencies and problems in one state can definitely affect a nonprofit’s standing in others.”

Click here to read the whole article on FoxNews.com

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