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by adrian_mrd
1622 days ago
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You are confusing the terms loss (revenue < expenses) with not-for-profit. In the context of organizations, not-for-profit doesn’t mean they are designed to be not profitable; rather, it means their primary goal is focused on other goals than making the most amount of profit possible. It’s also a misnomer that not-for-profits can’t make profits, it’s just that those profits are not distributed to the capital (owners, investors) of the organization. |
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