Disadvantages for non prophet

Question 1

1

Answer 1

Loss of control

The non profit organization is not “owned” by its founders.

Question 2

2

Answer 2

Paperwork

Lots of paper work

Question 3

3

Answer 3

Limited Purposes

You qcan only perform certain functions listed under the law. You may be forbidden from contributing to political campaigns and may only do a limited amount of lobbying.

Question 4

4

Answer 4

Public Scrutiny
Scrutiny-Because your organization is dedicated to the public, your finances are open to public inspection. This means that the public can obtain copies of your tax returns and can learn about your salaries and other expenditures.

Question 5

5

Answer 5

Continual Challenges-
There seems to be a constant challenge to the non profit status, whether it’s over tax exempt property, the sale of goods and services that compete with the for profit sector, or for profits moving in on your territory.