horselightning
Diamond Member
- Jul 14, 2013
- 13,197
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![www.dailymail.co.uk](https://i.dailymail.co.uk/1s/2023/05/24/06/71342225-0-image-a-15_1684906374753.jpg)
BLM headed for INSOLVENCY after plunging $8.5M into the red
BLM's Global Network Foundation, which officially emerged in November 2020, is in dire financial straits, according to its most recent financial disclosure.
![www.newsweek.com](https://d.newsweek.com/en/full/2238384/woman-holds-black-lives-matter-flag.jpg)
Black Lives Matter finances hit as donations fall
The nonprofit's latest Form 990 shows it ran an $8.5 million deficit last year.
![www.newsweek.com](https://g.newsweek.com/themes/newsweek/favicons/favicon-32x32.png)
They are using up their free poverty money.