2 ms·
"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
by hardwaresofton 11y 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 11y agoA non-profit would probably need to pre-allocate revenue.