27 May 2008
The Limits of Non-Profits
Via Cowen:
What should be an allowable non-profit?
In a ruling last December that sent tremors through the not-for-profit world, the Minnesota Supreme Court said a small nonprofit day care agency here had to pay propery taxes because, in essence, it gave nothing away.
…Almost 88 percent of overall nonprofit revenues in 2005, the most recent year for [...]
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