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I understand there is a limit as to how much money can be in a general account of a nonprofit society

2007-03-13 19:25:11 · 1 answers · asked by snuggasabugg2006 1 in Business & Finance Corporations

1 answers

There is really no limit on this. But, you just can't show a profit at the end of the year. It's understood that you need cash to cover normal operating expenses.

2007-03-14 16:32:34 · answer #1 · answered by jdkilp 7 · 1 0

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