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Reason: None provided.

A number of charities are organized as for-profits. Its not necessarily bad. We don't have enough information to say whether Sydney was over-paying herself or doing bad things with it.

One of the things mentioned was that she was using the money to defend herself in the lawsuits and actions against her after making the kraken suites. She might not have that flexibility to use the money to defend herself if it was a non-profit.

2 years ago
1 score
Reason: None provided.

A number of charities are organized as for-profits. Its not necessarily bad. We don't have enough information to say whether Sydney was over-paying herself or doing bad things with it.

One of the things mentioned was that she was using the money to defend herself in the lawsuits and actions against her after making the kraken suites. She might not have that flexibility to use the money to defend herself if it was a non-profit.

It might also give her more freedom to do things like move excess monies into an investment account to grow the organization.

2 years ago
1 score
Reason: Original

Many charities are organized as for-profits. Its not necessarily bad. We don't have enough information to say whether Sydney was over-paying herself or doing bad things with it.

One of the things mentioned was that she was using the money to defend herself in the lawsuits and actions against her after making the kraken suites. She might not have that flexibility to use the money to defend herself if it was a non-profit.

2 years ago
1 score