Jan. 30th, 2019

breathedout: Portrait of breathedout by Leontine Greenberg (Default)
Please read this post by [personal profile] copracat and absorb it into your brain machine:

What non-profit means is that a non-profit organisation must put any surplus (profit) back into itself. It doesn't get divvied up and handed round to rich people like the surplus of Apple does.

A non-profit can and should aim for a budget surplus because budget surplus is a cushion against the unknown.


As much as I know the recent kerfuffle over the OTW fundraising drive was largely spearheaded by antis disingenuously stirring up shit, it ALSO made clear a shocking lack of understanding over, among other things, the basic meaning of "nonprofit organization": a lack of understanding about which I, a former—if nonconsensual—finance director of a $3 million/year nonprofit org, am still having nightmares.

Anyway that's the story of how I considered learning embroidery solely for the purpose of making a sampler that says "Nonprofits should aim for healthy reserves."

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