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Reply to "MLSnext 2 and GA moves to school year cutoff from 26-27 season"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So our CEO lied?[/quote]When a small local non-profit youth soccer team uses the moniker CEO, it makes it too obvious that money means more than the kids. They should hide it better.[/quote] I wish more people understood that "non profit" isn't some hippie utopia where businesses aren't trying to make money. All it means is that the business isn't paying taxes and all the money that normally would be considered "profit" is paid to the employees. Also typically the extra money doesn't trickle down to the regular people it stays at the top with execs (or club owners) paying themselves massive (way more than normal) salaries.[/quote] Anything other than Rec soccer shouldn’t qualify for non profit status. It’s grossly abused. I’ve seen 6 figure payments to LLC owned by club director as a way to get around the salary issue. Licenses for club name and slogans for 6 figures per year… GTFO here.[/quote]
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