That’s not what being a non profit means… they are allowed to make a “profit,” and pay for their liabilities. They just must reinvest them back into the business.
I’m not sure that not having anyone on salary is part of that deal. Or if you were referring to the part where I said about salary being negative, that’s from experience, a couple of directors of a non-profit I know had to donate their salary and add on top of it when times were rough (in that organisation it was pretty often). Large non-profits probably don’t have that issue
That’s not what being a non profit means… they are allowed to make a “profit,” and pay for their liabilities. They just must reinvest them back into the business.
I’m not sure that not having anyone on salary is part of that deal. Or if you were referring to the part where I said about salary being negative, that’s from experience, a couple of directors of a non-profit I know had to donate their salary and add on top of it when times were rough (in that organisation it was pretty often). Large non-profits probably don’t have that issue