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> but a non-profit structure allows others to contribute financially without fear of misappropriation or misuse of funds (as protected by legal requirements and oversight from the fiscal sponsor).

None of the parenthesised provide any strong guarantees against these to alleviate such fears, are there not enough non-profits that misuse funds, say, on too high of an executive compensation instead of product development?

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Transactions are public: https://hcb.hackclub.com/ghostty/transactions

HCB staff also do not take kindly to missing receipts or fraudulent behavior.

The fiscal sponsor (Hack Club) is a sponsor to many projects, and they presumably do keep an eye on the finances.

Why would you presume that? Especially given what it is:

> We are teen hackers from around the world who code together

(besides, "many projects" is more likely a downside here as it spreads the oversight resources)

For sure not perfect, but I would simply expect them to care and have an occasional look, which is a lot more than nothing.

Teen hackers, yes. Incompetent or neglectful, absolutely not.

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