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Financials are here, not too surprising if sales at Slack saw this they'd charge more

https://projects.propublica.org/nonprofits/organizations/812...



Welp -- this explains why Slack's sales teams is going scorched earth after them. If Hack Foundation is the same as Hack Club their revenue has skyrocketed in recent years, and they're showing consistent growth. So do sales people at big tech companies keep tabs on non-profits financials and decide when to pounce on them for money based on growth like this? something tells me probably.


The word “nonprofit” shouldn’t really be used for these organizations anyway because you can see right there the people in charge of it are literally profiting.

Noshareholder would be more honest.


The people in charge are getting a very modest salary for a developer, and a extremely modest salary for someone running a 10m/yr organization.


so they’re profiting, glad we agree


A non-profit does not mean it does not spend money on anyone's salary. It means the corporate entity does not make a profit.


That doesn't really matter?


It does matter. People working for a non-profit should not work for free. It's completely acceptable for a non-profit to have an income and assets. Revenue may increase and it would be irresponsible to immediately increase expenses to match when they can conservatively plan for the future.

This is said knowing nothing about the company in question, just from my own experience working for a non-profit. Employees still need to be paid.


The amount they get paid shouldn't matter at all. Nobody said anything about not paying people lol


The OP said if the founder is getting paid a salary it shouldn't be called a non-profit.

That is literally what the OP is arguing that people who found non-profit organization shouldn't be paid even a modest salary for their work.


I wouldn't say that a salary is profiteering from a non profit. It's the cost of doing (non-profit) business.


So if I got paid $50 to write this reply I wouldn't have profited from writing it?


"people in charge are literally profiting"

This raises some interesting questions. Would you expect to see people in charge of this org, performing the day-to-day jobs, to work without receiving any pay? When you say the people are profiting, do you mean the organization is receiving more money each year than they are spending? That is certainly the goal of all orgs, businesses, churches, soup kitchens, and government NGO's.

It's an interesting question. I suppose they could take on jobs elsewhere in the private sector, and then perform these jobs for Hack Club at zero cost to the company. I would say it comes down to time spent. How big is Hack Club? If it can be managed for 10 minutes worth of work a day, then perhaps that should be donated time. If it requires more than 8+ hours a day. And if the work is specialized then it def needs the right person there, WITH the expertise to run this company --- then they should receive pay for his/her work.


Looks like it's time for them to sponsor an open source Slack-killer.


The revenue is from contributions




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