3 ms·
A nonprofit with profit is a contradiction. I get that some may perform calculations with labels called profit, but that contradicts the underlying thesis of th
by jsprogrammer 10y ago
A nonprofit with profit is a contradiction. I get that some may perform calculations with labels called profit, but that contradicts the underlying thesis of the organization (as you've admitted).
- hardwaresofton 10y ago"nonprofit" is a bit of a misnomer -- if you don't take my word for it, please check other sources like investopedia or wikipedia I pasted investopedia already so here is wikipedia: https://en.wikipedia.org/wiki/Nonprofit_organization https://en.wikipedia.org/wiki/Nonprofit_organization Note "surplus revenues", and if you click that, wiki says they're basically the same as "profit" (because... surplus revenue is profit...)
- jsprogrammer 10y agoA non-profit would probably need to pre-allocate revenue.