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Old 11-07-2017, 06:43 AM
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mongo
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Default profit

Originally Posted by init4fun
At what point do we loose our 501c status now that were entering into for profit commercial operations ?
NFP orgs are allowed to make all the profit in the world. they are just not allowed to distribute that profit to administration, board, or members.. it must be re-plowed into the operation of the org, or held in reserve for future needs.