Which of the following is not a reason for a private not-for-profit to generate a surplus?

Question

Quizplus · Accepted Answer

All of the given options are legitimate reasons for a private not-for-profit to generate a surplus. Retiring debt helps the organization reduce its financial liabilities and improve its creditworthiness. Establishing working capital ensures that the organization has enough funding to cover its day-to-day operations. Expanding facilities can improve the organization's ability to serve its beneficiaries and fulfill its mission. Therefore, all of these reasons can justify a private not-for-profit generating a surplus.

Which of the Following Is Not a Reason for a Private