"The NCHSAA, while “technically” a “non-profit” organization, relies upon funds generated by member schools in order to pay salaries, administrative/operating costs, etc. It should also be noted that the NCHSAA in the fiscal year ending 2014 generated revenues of $7,192,590. After all expenses were paid, they were left with exactly $2,031,116 bringing their total asset value (net worth) to $33,328,318."