Nonprofit economics lesson for the day
"The Church is a business. It may be non-profit, but all the other rules apply: you have to bring in more money than you spend..."
Nonprofit board members -- is this the correct message? Is this what prudence is all about? I tend to think so but the Philadelphia Inquirer article about the Archdiocesan closing of a school may give you pause about what is the real "bottom line" for a nonprofit.