Hacker News new | past | comments | ask | show | jobs | submit login

Nonprofits have cash flow and profit/loss too, they just call the profit 'surplus'.



Not-for-profit (including that as part of the qualification of a tax exempt nonprofit) has nothing to do with the entity not making surplus revenues, it has more to do with the entity not being a tool to return profits to those who control it.


Exactly. That's why I don't understand the usage of the term "investment".


"Investment" is often used in senses where the return being sought is a social good and not a financial return to the investors. This could be viewed as either a metaphor for financial investment or a literal investment in utilitarian terms for which financial terms are, after all, only a convenient proxy.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: