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A non-profit is still legally structured as a business entity (be it a corporation, LLC, whatever). Non-profit status is given by the IRS, allowing the entity
by k_sh 9y ago
A non-profit is still legally structured as a business entity (be it a corporation, LLC, whatever).
Non-profit status is given by the IRS, allowing the entity to avoid taxes. It doesn't change the underlying entity's structure.
NB: I'm not a lawyer.