Nonprofit Explained: What "Nonprofit" Actually Means
About this episode
The episode explains the concept of non-profits, detailing their functions and operations.
Nonprofit does not mean the organization makes no money. Ryan explains what it actually means: there are no shareholders, so any surplus stays inside the organization instead of going to owners or investors. Nonprofits can charge fees, sell services, pay employees, and even pay executives well. The legal and tax classification says nothing about efficiency or ethics. Ryan and Aaron get into how to evaluate a nonprofit before donating. The key question is how much of each donated dollar reach...
People in this episode
Hosts: Ryan Nelson, Aaron Hoisington
Topics covered
- Non-Profit
- Finance
- Charity
- Business Structure
- Social Impact
Keywords
- Non-Profit
- Finance
- Charity
- Business
- Social Impact
Mentioned in this episode
Organizations: Alchemy Wealth, Amazon
Books & works: Your Fiscal Physical
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