Question: Discuss how not-for-profit organizations make money and what the not-for-profit designation means

Not for Profit (NPO) are contributing heavily in developing economies across the world and work side by side with Government agencies. While the core objective of these many organizations generally is to address social issues, it is important for these institutions to maintain and manage a consistent source of income.

Financial accountability has long been the cornerstone of successful non profit organizations, and it's become even more important today. Reputation serves as key towards gaining donor confidence and maintaining funding sources. Without loosing focus on the main business it is ...