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?

enter image description here

  • 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

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Browse other questions tagged or ask your own question.