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Alias Born | 02/02/2014 |
Monday, August 15, 2016 10:27:29 PM
Legally, a nonprofit organization is one that does not declare a profit and instead utilizes all revenue available after normal operating expenses in service to the public interest.
"We reported record revenues of $9.7 million in the second quarter of 2016, representing an increase of 93% compared to the prior year period. This excellent result was primarily driven by higher cannabis sales".
I'll settle for record revenues for now. The profit will come between now and 2018.
lost .01 wow, a non-profit company almost broke even. Imagine that.
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