Non-profit org

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PostPosted: Sat Mar 18, 2006 10:19 am   Post subject: Non-profit org  

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 Very Happy !


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