Monday, March 13, 2006

djournal.com-Nonprofits in the for-profit business

djournal.com: "Nonprofits in the for-profit business
3/11/2006 8:08:13 AM
Daily Journal



By Sandi P. Beason


Daily Journal


It's a tough job for charities, finding grants and donors to fund programs and services.


Some agencies, though, opt for a more traditional way to make money: for-profit businesses. And while the ins and outs of financial paperwork for these ventures are more detailed than not, nonprofit leaders say it's worth it.


'With our resale store, that supports our after-school program and part of our adult program,' said Sr. Liz Brown, director of Okolona-based Excel Inc. 'It's a significant source of income.'"

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