Non-profit org

by Guest » Sat Mar 18, 2006 10:19 am

Hi everyone !

Here I have some food for your mind.

A big educational company was established by a youngman in Texas. Based on business skills, the aim of the organisation was to teach religious university-seminar courses.

This turned out to be a huge success within a couple of years. Now that the owner has grown older, he needs a time off from his work. Keeping in mind with the non-profit nature of the company, would he be legally allowed to draw monthly royalties for his living, or does he need to be a part of the organisation as an employee ?

No rewards for guessing the right answer :D !

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