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People misunderstand non-profits. There is nothing stopping you or I from starting a non-profit and soliciting donors then paying yourself a $1M salary. Non-pr
by josho 8y ago
People misunderstand non-profits. There is nothing stopping you or I from starting a non-profit and soliciting donors then paying yourself a $1M salary.
Non-profit simply means any surplus of revenue is spent. So, the more revenue generated by a non-profit's paying customers means they get to funnel that to their core mission (likely research, possibly those that can't pay, or cynically more salary for those running the show).
- eximius 8y agohttp://lmgtfy.com/?q=nonprofit+reasonable+compensation http://lmgtfy.com/?q=nonprofit+reasonable+compensation That is patently false. Basically every part of what you said is false. There are rules that prevent that and that is not what a non-profit means.