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They are exploiting a hack -- namely, that there are lots of stupid people out there who think that "non-profit" somehow means "good." When revenues exceed exp
by danielweber 13y ago
They are exploiting a hack -- namely, that there are lots of stupid people out there who think that "non-profit" somehow means "good."
When revenues exceed expenses, non-profits still distribute them. They just distribute them to employees, meaning management, meaning themselves. It's like a tightly-held for-profit company.