Psudo-Non Profit

Basics

• A Non Profit that still makes profit, but does accounting in such a way that they can appear to be making no profit
• Mainly an issue of lack of Oversight / Transparency
• This may be helped via the Open Budgeting Standard , existing similar things, and future government / multi-state action along these lines

External Links

• The Wikipedia Page on Charity Fraud
• The Wikipedia Page on "Badge Charity"