NHRA Please Read

[Cbrinson47]

Originally Posted by CFM

Sources (current & recently released employees of NHRA) have informed me that NHRA is in a terrible CASH FLOW CRUNCH.


OH Bruton, got a minute.....

That is because the higher ups get paid far to much. They are not worth it !

I looked up the definition of a non-profit organization in Wikipedia and found this description (pay special attention to the last two sentences):

"Whereas for-profit corporations exist to earn and distribute taxable business earnings to shareholders, the nonprofit corporation exists solely to provide programs and services that are of public benefit. Often these programs and services are not otherwise provided by local, state, or federal entities. While they are able to earn a profit, more accurately called a surplus, such earnings must be retained by the organization for its future provision of programs and services. Earnings may not benefit individuals or stake-holders. Underlying many effective nonprofit endeavors is a commitment to management. Twenty years ago, management was a dirty word to those involved in nonprofit organizations. It meant business, and non-profits prided themselves on being free of the taint of commercialism and above such sordid considerations as the bottom line. Now most of them have learned that nonprofits need management even more than business does, precisely because they lack the discipline of the bottom line. The nonprofits are, of course still dedicated to "doing good." But they also realize that good intentions are no substitute for organization and leadership, for accountability, performance, and results. Those require management and that, in turn, begins with the organization's mission."

I work for Toyota Motor Sales, USA, and I am proud to say that we are a well-run company with great leadership and strong financial resources. However, doing business in today's tough economic climate is taxing to almost every company in almost every industry, including Toyota. NHRA drag racing is no different, in my opinion. The economic challenges we face in America today expose every company's weakness, big or small. NHRA's leadership and mission are being tested right now. Tough decisions must be made and the results will either strengthen or weaken their organization. In good times, it's easy to look smart. In tough times, good leaders stand tall, make good long-term decisions and organizations are strengthened. Time shall be the ultimate test of NHRA's decisions.