It is more important than ever that the social web is not controlled by corporations. Today, Mastodon is taking another step towards its founding ideals: independence and non-profit ownership. We're transferring ownership of key assets to a new European not-for-profit entity, ensuring our mission remains true to a decentralised social web, not corporate control.
I’m definitely not doing that. I’m pointing out that the commenter above is correct and you appear to have a misconception about what non-profit means.
You mean 501©, and distribution of excess profit would at minimum evoke an excise tax and might cause loss of 501© status.
You are right about the code , but you are also making my point about why it matters if the whole endeavor is classified as for-profit or not.
I’m definitely not doing that. I’m pointing out that the commenter above is correct and you appear to have a misconception about what non-profit means.