The legal status for a nonprofit is supposed to be that you are essentially the custodian of an entity for the public good, because with the tax breaks given the public is helping to fund it.
Yes, I understand that, but at the end of the day, all it really is is a tax status. And a danged restrictive one. Some people make very, VERY good money working for “non-profits”.
Isn’t the NFL a non-profit?
Aren’t Microsoft and Apple entities for the public good? They employ a LOT of well paid people and bring life changing products to the public.
As one guy said, Apple has helped a LOT more people than Mother Teresa did.