zlacker

[parent] [thread] 0 comments
1. Kranar+(OP)[view] [source] 2024-03-01 17:42:34
Positive cash flow and profit are almost synonyms although there can be subtleties they are not relevant to this discussion.

The parent comment is making a common mistake that non-profits can not make profits, that is false. Non-profits can't distribute their profits to their owners and they lack a profit motive, but they absolutely can and do make a profit.

This site points out common misconceptions about non-profits, and in fact the biggest misconception that it lists at the top is that non-profits can't make a profit:

https://www.councilofnonprofits.org/about-americas-nonprofit...

[go to top]