How non-profits make money?

How non-profits make money?

Posted in the Non-Profit Forum

Anastasiia

Washington, DC

#1 May 29, 2014
Hello everyone! We are doing the first fundraiser for our non-profit organization when we subtract 15% of the profit for operation costs. What is a correct math here?

We spent 100$ for food and raised 1000$. What is our 'profit' in this case (1 OR 2)?

1) 1000$- 100$= 900$
profit is 15 % of 900$ is 135$

2) 15 % of 1000 is 150$
profit is 150$-90$=60$

PLEASE HELP!

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