Quote:
Originally Posted by Drake
Nonprofits do not make money LofT. That is why they are non profit. They generate income that is offset by outlay and may have more income than outlay creating a fund balance but that is not profit.
What is it about “nonprofit “ that is unclear?
Check your facts.
Drake
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Nonprofits can and do make money. That is why your "work of ministry," LSM, has $100 million in assets.