discus how not-for-profit organization makes money and what the not-for-profit designation means.
discus how not-for-profit organization makes money and what the not-for-profit designation means.
Homework Answers
Answer: The not - for- profit organization makes money from the donations, events as well as fundings. These organizations are tax exempted. So, they make money to carry on the activities of the organization. The tax exemption plays major role as they can easily save money to run the organization smoothly.
The not for profit designation means that these designations would be tax exempted because they are related to the social, religious or scientific work which helps people. They get the fundings but profits are tax exempted.
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discus how not-for-profit organization makes money and
what the not-for-profit designation means.
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