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15 October, 12:23

After paying expenses, nonprofit corporations must use any extra money for which of the following purposes?

a. paying taxes

b. dividends for stockholders

c. contributing to political campaigns

d. furthering the corporation's mission

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Answers (1)
  1. 15 October, 12:24
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    A non-profic organisation cannot make profit, but has as its goal other things. This means that money is just a mean, not the goal of the organisation. Any money that's left over after the expenses must be then invested in:

    d. furthering the corporation’s mission
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Home » Social Studies » After paying expenses, nonprofit corporations must use any extra money for which of the following purposes? a. paying taxes b. dividends for stockholders c. contributing to political campaigns d. furthering the corporation's mission
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