[geologist]

Something realized by me a few years ago ... was the so called nonprofit organizations that actually make millions and receive donations from the public, ... what to do to stay nonprofit is to pay out in salaries, enough of the monies to keep their organizations from showing profit.

A fallacy indeed. No doubt this same idea is used by all these so called bankrupt companies. How else to explain the HUGE CEO amounts paid them by many of these companies.

No one is worth making the monies they are being paid ... as salary. The money is there so why not siphon it off?

Now, if they started a company that made that kind of profit and employed others then they actually created and risked much in the venture and sure enough it succeeded. AMERICAN ENTERPRIZE SYSTEM WORKING. MO I do believe in freedom, and that some earn large salaries for growing the company and so no. But it is simply a rip off of the stock holders that actually own the company. The money is there so why not siphon it off? Perhaps I am off track here. It seems grossly twisted in reality. Almost a ponzi scheme. ????????? Ball player ans actors etc., are paid exorbitant salaries in a few cases. Different system they parlay into being a percentage of the gross or simply huge signing bonuses. Based on the income they produce. These CEO's are different. They often are simply riding on the coat tails of the workers.

[Osage Orange]

No one is worth making the monies they are being paid ... as salary.

No one?

Are you going to cap what I can earn?

[Vendome]

I ordered the 501c report for a local “Non Profit” a few years ago and was shocked at what I read.

This “Public Broadcaster” had $54 million in revenue! Pretty good huh?

Well if you are a director or exec it gets better. They had something like 8 or 9 of them earning $300,000 salaries!!!

There ain't no company in the private sector with those revenues that have that many people making that kind of loot.

They also had a huge line item related to expense for travel and other things.