A new report from the Washington Examiner reveals that more problems are on the horizon for "dark money" Marc Elias whose firm is representing Black Lives Matter in a fraught tax filing:
The national organization for Black Lives Matter appears to have used an unusual accounting maneuver to further delay reporting what became of its $60 million bankroll from 2020, a move one charity watchdog called "the worst transparency issue" she has ever seen.
Black Lives Matter Global Network Foundation, the charity that serves as the face of the national BLM movement, quietly changed its 12-month accounting cycle to July through June. By going from a calendar to a fiscal year, BLM has until mid-May to report what it did with the millions that flooded into its coffers beginning in the second half of 2020. The move enabled BLM to report a sparse, short-year Form 990 to the IRS that covered its activities during only the first half of 2020, when the entity was entirely dormant as a fiscally sponsored project of the California charity Thousand Currents. It was also the period just before BLM exploded as a cause celeb following George Floyd's racially charged death.
"Given the money involved here, this is really unbelievable," CharityWatch Executive Director Laurie Styron told the Washington Examiner. "To not know who is in charge of $60+ million collected by the national charity arm of arguably the most prominent social justice movement in the country is the worst transparency issue I have seen in my 18 years as a charity watchdog."
The report continues that the organization is already out of tax compliance in several states:
As of Tuesday afternoon, BLM is out of compliance in California, Washington, New Jersey, North Carolina, Connecticut, Colorado, Maryland, Maine, and Virginia due to its failure to report its 2020 finances. Scott Walter, the president of the conservative think tank Capital Research Center, said BLM's move to change its fiscal year change won't likely be well received by those states.
It is unsurprising that Elias is involved with an organization doing everything it can to delay disclosure of who was in charge of tens of millions of dollars. After all, he is the king of "dark money" operations.
This is incredible.— Matt Whitlock (@mattdizwhitlock) February 16, 2022
What do the Arabella Advisors Network, Black Lives Matter, the Durham report on spying on President Trump, and the foreign dark-money funded effort to end voter ID have in common?
They all involve @marceelias https://t.co/dtscjOyPsp
REMINDER: When @MarcEElias fundraises for Democracy Docket Action Fund the money is *actually* going to the “shadowy” @ArabellaAdvisor's managed North Fund...— Americans for Public Trust (@apublictrust) February 16, 2022
Why does @SwingLeft fail to mention this? Trying to hide something? https://t.co/hFdB7MXjIW
Good look at Elias from APT — a watchdog group that has been tracking his ties to foreign dark money, the Arabella Advisors Network, and the Biden administration https://t.co/gOmC1pDwo7— Matt Whitlock (@mattdizwhitlock) February 13, 2022
This is just the latest problem for “dark money” Marc. Two weeks ago, we detailed the left turning on him for losing so many election law cases with all their dark money. This past Friday, the Durham investigation seemingly came closer to Marc Elias for his work as the 2016 General Counsel to Hillary Clinton's campaign:
Lawyers for the Clinton campaign paid a technology company to "infiltrate" servers belonging to Trump Tower, and later the White House, in order to establish an "inference" and "narrative" to bring to government agencies linking Donald Trump to Russia, a filing from Special Counsel John Durham found. . . .
The filing revealed that Sussmann and the Tech Executive had met and communicated with another law partner, who was serving as General Counsel to the Clinton campaign. Sources told Fox News that lawyer is Marc Elias, who worked at the law firm Perkins Coie.
As consigliere to the “dark money” left, we can always count on "dark money" Marc to be involved in the shadiest news of the day!