Upgrade target acquisition and control system (TACS) for IAV stryker
Government and Institutional Accounting Non-profit Organization
The government is a vital aspect of sedentary human life, and now that we settle in one place for a reasonable length of time, it is important to think of ways in which we can sustain our existence. It is this thought that drives many people to work and engage in activities that will generate income. Some may be very economical in the sense that they would not like to see any waste or any misuse of resources because they know just how vital those resources are. Being able to account for those resources is a very important thing and for those who do not have access to these resources, it is not the end of life. There are systems that are in place to help those who cannot have them.
Non-profit organizations are some of the systems that may fall under this bracket. It may not in the strict sense mean that the organizations do not make a profit. Some organizations in this category do make a profit but this not the reason for their naming. It is the motive that they have at heart that leads them to choose such a name. The name was birthed from the reality that the organization uses the surplus amount in a different way unlike the expected.
In this article we will see the importance of the difference between these nonprofit organizations and charity, sober managements, and tax exemptions.
Keywords: non-profit organization, profit, surplus, motive, tax.
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