At a uncommercialised government, the age of directors is non paid, and if the non make header piddle a counselings a utility, it flowerpotnot pathway on the gelts to round in the form of earnings-sharing checks (though it can use the profits to increment faculty salaries, hire to a greater extent staff, etc.). Also, not-for-profit organizations argon representation-based - they cannot lock up in program activities that do not contribute to its rush in some way (an animal value cant decipherable a bicycle recycle program, for instance - unless its doing so as a fundraiser for its animal shelter programs). Their overall success is c atomic number 18ful by how well they ache that mission, whatever that mission is - that whitethorn imply that success puts the organization in some debt. And, finally, umpteen activities by a non-profit-making argon tax-exempt - they do not fix to make out taxes on many/ closely of their activities. A for-profit organization r windupers its board of directors, and if it concurs a profit, cuts profit-sharing checks to the board and, if theres enough, to staff. They great power have a mission statement, but their mission is profit -- to make as a lot money as possible. If they end up in debt, they atomic number 18 a failed business. some(prenominal) types of organizations profits staff, pay benefits (health care, vacation, etc.

), pay mortal to take care of accounting, and may pay people for marketing, gentle resources, facilities management and other administrative tasks. close nonprofits pay staff far less than staff would make in the for-profit world. Both organizations are owned by their boards of directors. in that location are nonprofit hospitals and for profit hospitals. at that place are nonprofit hospices and for profit hospices. there are nonprofit recycling centers and for profit recycling centers. There are nonprofit theaters and for profit theaters. There are non profit universities and for profit universities. And on and on. The above in bullet points: NON- PROFIT ORGANIZATIONS: 1) carte of directors not paid. 2)It cannot pass on the profits to staff in the form of...If you want to pull in a full essay, straddle it on our website:
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