Читать книгу Nonprofit Kit For Dummies - Stan Hutton, Beverly A. Browning - Страница 12

What Is a Nonprofit Organization?

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People hear the term nonprofit and picture a different type of business where the owner isn’t allowed, by tax law, to make a profit or draw a paycheck. But, in fact, some nonprofit organizations end their fiscal year with a profit, and that’s good because surplus cash (also referred to as reserves) keeps a nonprofit operating in the black versus the red.

Nonprofit Kit For Dummies

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