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For-profit businesses have many obligations such as paying taxes, keeping records, fair hiring practices, proper classification of employees, etc.

Many of these obligations are shared by non-profit organizations.

Many for-profit obligations are not required for non-profit organizations, such as paying taxes.

But what obligations, if any, do non-profit organizations have that for-profit organizations do not have?

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  • Do you mean, more specifically, what are the roles and responsibilities of the board of directors? – A.fm. Feb 2 '18 at 17:37
  • Yes, many nonprofits have boards of directors. Nonprofits are not all that different from corporations in many cases. – A.fm. Feb 2 '18 at 21:23
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In Canada, there is a restriction for not-for-profit organizations: "no part of its income may be paid or made available for the personal benefit of any proprietor, member, or shareholder (with an exception for amateur athletic organizations)." Source: https://www.cof.org/content/nonprofit-law-canada.

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