The Whopping Self-Deception Tax for Nonprofits Attempting Organizational Change

flushing money down the toilet

Nonprofit organizations are tax-exempt under Internal Revenue Code because they provide “public benefit”. Nonprofits serve communities and individuals in distress, serve industry trade organizations, supply growth and learning opportunities for industry and business membership associations, and serve many other public interests. There are over 600 subgroup classifications of nonprofits. While there are obvious advantages to a nonprofit, an elusive weakness …