this post was submitted on 22 Mar 2024
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[–] Hadriscus@lemm.ee -2 points 8 months ago (1 children)

How can't non-profits lose money ? I don't understand

[–] jeffw@lemmy.world 1 points 8 months ago (1 children)

They need to make money. They need to pay bills and pay employees. If you’re losing money, you have to fire people or downsize, just like any other business. Or borrow money

[–] Hadriscus@lemm.ee -1 points 8 months ago* (last edited 8 months ago) (1 children)

So they're always immune to losing money ? are they protected by law in this regard ?

[–] jeffw@lemmy.world 5 points 8 months ago (2 children)

Sorry, I think I wasn’t clear. They can’t lose money if they want to remain in business is what I should have said.

[–] Hadriscus@lemm.ee 2 points 8 months ago* (last edited 8 months ago)

Ok it all makes sense in retrospect... thanks (synonymous with "They cannot afford to lose money")

[–] Cryophilia@lemmy.world 2 points 8 months ago (1 children)

You were clear. The other guy was being a pedant or an idiot.

[–] Hadriscus@lemm.ee 0 points 8 months ago

Kindly get fucked, if you don't mind (I hope my English comes across well)