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To: coloradan

Non-Profit: where the money over and above your expenses is called something else.

But in reality, it’s still profit.


4 posted on 01/20/2020 5:03:23 AM PST by cotton1706
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To: cotton1706

Some hospitals and some colleges are set up as “non-profit” institutions.

In my opinion, from an ethical point of view, if you charge fees for your services, you should not be able to call yourself a “non-profit” outfit.

A lot of what the article is claiming is accepted and standard practice for many kinds of “non-profits”, to me the idea of forming a “non-profit” that also then pays you a salary is not ethical. An ethical non-profit that someone forms would hire someone else, not pay yourself.


23 posted on 01/20/2020 8:32:27 AM PST by Wuli
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To: cotton1706

Do not confuse nonprofit with not for profit.


24 posted on 01/20/2020 4:38:50 PM PST by dirtymac (Now is the time for all good men to come to the aid of their country.(DT4POTUS))
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