this post was submitted on 20 Oct 2024
83 points (98.8% liked)
political memes 2
9 readers
1 users here now
founded 2 months ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Not sure where you got the information a non-profit is not allowed a surplus at the end of the year. A 501(c)(3) charity can carry cash reserves (or other holdings) from year to year.