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Damn Amy, god help you living in the real world with that amount of ignorance. Just because an entity has to make a profit to exist, which is why they are not-FOR-profits and not non-profits, doesn't make it a business. A business has OWNERS that INVEST and expect a FINANCIAL RETURN on INVESTMENT to make money for themselves. And businesses have to pay TAX on their earnings, non-businesses are not taxed. Profit = anything above costs. The organization has to meet their expenses, obviously. But just breaking even isn't good enough because some of the profit has to be set aside for emergencies and future expansion/upgrades, and, in the case of businesses, to pay their taxes on that profit. For a BUSINESS, anything then left over goes to the business owners as ROI and that's how people make money on owning and investing in BUSINESS. For a not-for-profit however, with no owners or investors, everything goes back into the organization AND they don't pay taxes. Not-for-profits are NOT businesses. Sororities are not businesses; they have no owners, they do not return a financial investment to owners or investors, they do not pay taxes. They do not exist to make money for anyone, their purpose is different.
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