Senator Patrick Colbeck: While the "branding" of non-profits is that they apply their surplus revenue only towards "the common good", in reality, their only constraints are that they reinvest their surplus revenue towards "self-preservation, expansion, or plans". When you look at the situation objectively, there is not much difference between how a non-profit applies their surplus revenue from that of a for-profit company. Case in point pertains to how your education tax dollars are spent. michigancapitolconfidential/18709
Posted on: Thu, 06 Jun 2013 18:55:09 +0000
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