A Not-for-Profit Organization Based on the website of Investopedia.com, a not-for-profit organization is a type of organization that does not earn profits for its owners. All of the money earned by or donated to a not for profit organization is used in pursuing the organization's objectives. Typically not for profit organizations are charities or other types of public service organizations. Most not for profit organizations can apply for tax exemption. Funds and resources are the lifeline of a not-for-profit …show more content…
Time constraint is one of them since they need the money in about two months. Planning and organizing such event can be really time consuming. They need to comply with the registration laws such as filing financial documents, paying fees, etc. and the processing time of the requirements needed should be considered especially with government offices. The organization has no control over that and there will be a big problem if there will be delays. If in case the fundraising project can be finished within two months time and it became successful, the benefits of it will only be short term. It won't be able to sustain the organization's operations in the