Originally Posted by
TimJ
looks like I am wrong. Researching non profit corps, the salaries are at least 50 percent less.
Franklin, I have to differ on your cost of the magazine comment. Going by what was reported in the AMA official audit, the magazine for the year 2014 did the following:
Rev: 1,114,928
Cost: 1,733,819
Loss/profit: -618,891 (Loss)
I'm curious, where do you get the $1.7M in cost for magazine, when they list it on the Expense form as $2.5M? Where does the extra $800K come from? Not saying you're wrong, just want to understand.