Nonprofits and profitability: Where do your donated dollars really go?

Many people give to charitable causes but wonder how nonprofits handle their money. The unanswered questions at the top of hesitant donors' lists: Can a nonprofit organization be a profitable business? And, if nonprofits are profitable businesses, does that mean that donated dollars are not being put to good use?

Find out more about corporate law

by Corie Lynn Rosen

Corie Rosen is a fiction writer and poet. Her work has been nominated for the National Book Award, for the Pushcart P...

Read more...

Contents

Updated on: March 28, 2023 · 3min read


Twitter logoFacebook logoLinkedIn logoReddit logo
This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

You may also like

Trademarks

Why do I need to conduct a trademark search?

By knowing what other trademarks are out there, you will understand if there is room for the mark that you want to protect. It is better to find out early, so you can find a mark that will be easier to protect.

October 4, 2023 · 4min read

Power of Attorney

What is a power of attorney (POA)? A comprehensive guide

Setting up a power of attorney to make your decisions when you can't is a smart thing to do because you never know when you'll need help from someone you trust.

February 8, 2024 · 15min read

Starting Your LLC

How to start an LLC in 7 steps: A complete guide for 2024

It's easy to create a new LLC by filing paperwork with the state. But to set yourself up for success, you'll also need to think about your business name, finances, an operating agreement, and licenses and permits. Here's a step-by-step guide.

February 8, 2024 · 20min read