Reply To: Frum non profit organizations disclosing financials.

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huju
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I continue to insist that there is no such thing as a “non-profit” organization. Profit is the excess of revenue over proper expenses. Excessive salaries, payments to suppliers which are kicked back to top executives, and no-show jobs for spouses or children are distributions of profits, no matter what the operating statements say. IRS Form 990’s are a good place to start evaluating the efficiency of a charitable organization.

There have been some recent scandals involving Jewish charitable organizations, e.g., Metropolitan Council on Jewish Poverty. We must be sure that our tzedaka is used for tzedaka.