Question

Explain the term extra money as it applies to nonprofit organizations?

Answer 1

Extra money is the money that is beyond what is needed to pay reasonable salaries and expenses for a corporation. Nonprofit organizations are permitted to use extra money specifically for furthering the purposes outlined by the organization. Money cannot be paid as dividends to stockholders or for political campaigns.

Step-by-step explanation:

its the sample response on edge 22

Answer 2

Answer: extra money in non-profit organizations is money they received after they have payed for all their needed expenses.