Questions about Daystar

[Cal]

Originally Posted by Terry

Ohio, in order to answer your question you need to adjust your thinking. Living Stream is a ministry, but it is also a business. As a business, it needs profitability to function long term. One may say, "no it's a non-profit". As a religious organization it has non-profit tax status, but it's a business that operates in the black. So, I suggest Living Stream is primarily a business functioning as a ministry.

Terry

I work for a non-profit organization. People have misconceptions about them because "non-profit" is a misnomer. A non-profit needs to be profitable like any business or it will go out of businesss. The difference is all profits must be plowed back into the business.

For-profit businesses exist to provide profit for owners or shareholders. Non-profits exist to provide some sort of service. But they can provide a profitable living for employees, and surplus earnings can be invested. The primary difference is that non-profits cannot issue stock or dividends.