Monday, April 1, 2013

Chapter 10 - NPO characteristics

What three characteristics distinguish not-for-profit organizations?

1 comment:

  1. A not for profit organization can be distinguished by the contributors. 1.The contributors expect no direct benefit from the organization either by service or fiscally. The exact wording from our book " contributions of significant amounts of resources from resource provides do not expect commensurate or proportionate pecuniary return." The second distinction is that the not for profit is operating for other reasons besides just providing goods and services. The last distinction is that no ownership interests are present like there would be within a business enterprise.

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