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Home / Expert Opinion / Keeping Your Balance: Is it OK for nonprofits to generate a profit?

Keeping Your Balance: Is it OK for nonprofits to generate a profit?

Nonprofit organizations are structured to accomplish a mission. While nonprofit organizations may have a social purpose, they are, by definition, businesses that need to focus on profitability to further their mission. Like their for-profit brethren, they must have sound governance and financial practices, including a way to measure outcomes and return on investment (ROI), that ...