Not-for-profit organizations are in business to make money.

Question

Quizplus · Accepted Answer

Not-for-profit organizations are not primarily in business to make money. They are established with a goal of achieving a specific social or charitable objective, rather than generating profit for owners or shareholders. However, they do need to generate revenue to sustain their operations and achieve their goals. Any revenue generated is reinvested back into the organization to support its activities and programs, rather than being distributed as profit to owners or shareholders.

Not-For-Profit Organizations Are in Business to Make Money