The CEO make $824,000 in salary in 2018.. non-profit my ass.
Khan Academy requests for donations as their servers are at 250% normal load
21–30 of 232 posts
Re: Khan Academy requests for donations as their servers are at 250% normal load
#22Re: Khan Academy requests for donations as their servers are at 250% normal load
#23Earlier quoted context omitted.
It's a nonprofit organization. I'm not that educated on the topic but I think that means it's possible to find a breakdown of their expenses somewhere.
You can find their 2018 IRS filing here: https://projects.propublica.org/nonprofits/organizations/261... I've never read one before, but it looks like their IT spend was $5m of $49m total expenses on page 10. I think it's very plausible that a sudden unanticipated increase in IT costs could cause a cash crunch.
A unique string to find this line item in the linked filing is "Information technology"
This was their second-largest functional expense area for 2018, behind "Other salaries and wages".
Although I'm not an accountant it also seemed noteworthy to me that their "Revenue less expenses" was negative for 2018 (not overwhelmingly in relation to their assets, but still by a sizable amount).
I'm not really qualified to comment on what that means, but naively it does seem to imply to me that they can continue to benefit from donations and external funding.
Re: Khan Academy requests for donations as their servers are at 250% normal load
#24Not that familiar with Khan Academy, but shouldn't their income also be at 250% normal load?
Re: Khan Academy requests for donations as their servers are at 250% normal load
#25Not that familiar with Khan Academy, but shouldn't their income also be at 250% normal load?
Re: Khan Academy requests for donations as their servers are at 250% normal load
#26Not that familiar with Khan Academy, but shouldn't their income also be at 250% normal load?
Re: Khan Academy requests for donations as their servers are at 250% normal load
#27I think Khan Academy is fantastic, and was going to donate until I saw this figure (verified). I think that it's entirely inappropriate to extract that much from the donations.
Re: Khan Academy requests for donations as their servers are at 250% normal load
#28Worthy internet causes: Khan Academy, Wikipedia and Electronic Frontier Foundation Any other suggestions?
Re: Khan Academy requests for donations as their servers are at 250% normal load
#29Not that familiar with Khan Academy, but shouldn't their income also be at 250% normal load?