Why Nonprofits Can and Should Make a Profit

Why Nonprofits Can and Should Make a Profit

A common misconception is that non-profit means the company doesn’t make a profit.   On the contrary, non-profits can and often do make a LOT of money.  And they’re not prohibited from doing so. A non-profit (sometimes called not-for-profit) differs from a for-profit corporation because non-profits don’t have owners.  That’s right, no one owns a non-profit.  […]