
Originally Posted by
Hateful Hokie
Yeah, this is what boggles my mind--how a tax-exempt non-profit can get away with paying head football coaches $2 million, and even coaches of non-revenue sports 6 figures. I need to start my own non-profit and pay myself a 7 figure salary out of the net of revenue and expenses. If there is $1.5 million left over I should just pocket the difference and apply it to expenses and say the organization's net income was $0.00, in other words a non-profit.