How Much Profit Does a Nonprofit Need?

Nonprofits need profit. Because every nonprofit is unique, the amount depends upon individual circumstances. This article will identify the key variables and explain how any organization can calculate the minimum profit it needs to prevent slow, steady erosion of the quality of its output. The calculation is so simple it can be done without pencil and paper, but it has far-reaching implications.

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Post date: December 18, 2013
Topics: Finance | Organizational Assessment | Planning


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