Exactly. There's this folk belief that the main risk with non-profits is that that they will pay themselves above-market salaries or otherwise embezzle money i

Exactly. There's this folk belief that the main risk with non-profits is that that they will pay themselves above-market salaries or otherwise embezzle money in outright fraud. And when people criticize the non-profit for inefficiency, they often defend themselves by saying "Look! The salaries for our legions of workers are market rate and we have all these noble sounding projects." But this is a red herring, because outright fraud is relatively rare. Rather, the much biggest issue is a terribly managed organization spending resources ineffectively. Non-profits shouldn't be judged on overhead or executive salary (who cares?), they should be judged on what they accomplish for the amount they spend. And WMF does terribly on this metric.