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re: Non-profit CFO spends $84,000 in federal money on vehicles and entertainment

Posted on 9/22/17 at 9:56 am to
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
141210 posts
Posted on 9/22/17 at 9:56 am to
quote:

Nonprofits can and do make huge money, that is perfectly normal.


Isn't the NFL considered a non profit entity?
Posted by member12
Bob's Country Bunker
Member since May 2008
33146 posts
Posted on 9/22/17 at 10:49 am to
quote:

I really hope they don't charge him that special assessment. That'll just crush him!


He'll have to skip one of those dinners he charged to the org's credit card.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 9/23/17 at 7:12 am to
quote:

Isn't the NFL considered a non profit entity?


Actually last year they changed their status so they're no longer a nonprofit.

But even when they were a nonprofit, the NFL is just a trade association. Yes, they bring in lots of money but they hand most of it over to the teams, which are legally separate entities.

The individual teams are the one making the money and paying the taxes. The league is just a pass-through.
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