BLM leaders are warned they will be held personally liable if they fail to disclose details of $60M in donations by California DoJ - as charities' financial mysteries deepen

• The California DOJ has threatened to hold the leaders of Black Lives Matter personally liable over the charity's missing financial records
• The organization has 60 days to disclose records about its $60 million in donations or it could have its tax-exempt status revoked
• The charity could also face fines for 'each month or partial month for which the report(s) are delinquent'
• The DOJ said 'directors, trustees, officers and return preparers' could be liable for 'all penalties, interest and other costs incurred to restore exempt status'
• Charitable assets cannot be used to pay the costs associated with the matter
• It is unclear with leaders would be held 'personally liable,' especially since all three co-founders are no longer affiliated with the organization
• The notice comes just days after it was revealed that BLM has not had anyone in charge of its finances since co-founder Patrisse Cullors resigned last May

The leaders of Black Lives Matter could be held personally liable if they fail to disclose financial records about the charity's $60 million in donations within the next 60 days.

In a letter issued to BLM on Monday, the California Department of Justice accused the charity of failing to submit its annual financial reports and alleged it was in delinquent status.

'An organization that is delinquent, suspended or revoked is not in good standing and is prohibited from engaging in conduct for which registration is required, including soliciting or disbursing charitable funds,' the letter reads.

The DOJ requested a copy of BLM's annual registration renewal fee report and its 2020 IRS tax forms within two months time.

If the organization fails to submit these documents, its charity exemption status will be revoked. It could also face fines for 'each month or partial month for which the report(s) are delinquent.'

The letter, which was obtained by the Washington Examiner, threatened that 'directors, trustees, officers and return preparers' would be 'personally liable' for 'all penalties, interest and other costs incurred to restore exempt status'. The DOJ notes that 'charitable assets cannot be used to pay these avoidable costs'.

The notice comes just days after it was revealed that BLM has not had anyone in charge of its finances since co-founder Patrisse Cullors resigned last May.

It is not clear who is currently in charge of the activist group after all three of its founding members - Cullors, Alicia Garza and Opal Tometi - left the organization. 

Black Lives Matters leaders could be held personally liable if they fail to disclose financial records about the charity's $60 million in donations within the next 60 days

Cullors, 38, stepped down as executive director of the Black Lives Matter Global Network (BLMGN) last year amid scrutiny of her $3.2 million property empire.

The scrutiny into BLMGN's also finances comes after it was reported that the group transferred $6.3 million to Cullors spouse, Janaya Khan, and other Canadian activists to purchase a mansion in Toronto in 2001.

In a letter dated Monday, California AG Rob Bonta requested a copy of BLM's annual registration renewal fee report and its 2020 IRS tax forms within two months time

California's warning follows an order from Washington state instructing BLM to 'immediately cease' fundraising in the state due to its 'lack of financial transparency'.

However, the Washington Examiner alleges BLM continues to solicit and receive contributions from Washington state residents despite the order.

The National Legal and Policy Center, a conservative watchdog group, is reportedly preparing to file a complaint against the charity.

'The National Legal and Policy Center will be filing a formal complaint with the Attorneys General of Washington and California to impose the maximum penalties on BLMGNF for their flagrant and repeated violations of the charity disclosure laws in those states and it seems in many others,' attorney Paul Kamenar told the newspaper Tuesday.

The watchdog group's complaint comes as charity auditors have expressed alarm at the management of BLM's $60 million in donations, after it emerged that people announced as leading the organization never took up the role, and no one seemed able to say who was handling the finances.

In a letter issued to BLM Monday, the California Department of Justice also accused the charity of failing to submit its annual financial reports and alleged it was in delinquent status

The most recent tax filing for the charity, from 2019, gives an address in Los Angeles that does not exist, and the two remaining BLM directors identified by...

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