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apple

Imagine if Apple had to run like a nonprofit

Posted on June 25, 2017 by Vu

We nonprofits deal with unique challenges that our for-profit colleagues never have to think about. If you ever sat in the dark for hours listening to REM and eating Otter Pops and wondering what it would like for a large for-profit like Apple to have to run like a nonprofit, wonder no more! I’ve done it for you this week! (What, like your vacation is so much more interesting). And I asked NAF’s web designer and artist, Stacy Nguyen, to draw up some comics.

At the retail store

Customer: Hi, I’d like to buy this latest iPhone. How much is it?

Apple employee: $700 dollars.

Customer: Here you go. But I want most of this money to be spent on direct costs. No more than $70 should be going to indirect costs like rent, insurance, etc. I also don’t want any of this $700 to go toward advertisement or staff salaries.

Apple employee: We’ll designate these restrictions in our systems.

Customer: At the end of the year, I’d like a report on what you spent this money on.

Apple employee: We provide quarterly financial reports, and would be glad—

Customer: No no no. I don’t want the financial reports on your entire company. I only want a report on what my $700 specifically was spent on. Only my $700.

Apple employee: OK…Would you like to be added to our e-newsletter list?Continue reading →

Posted in Finance, Fundraising, Random stuff 29 Comments

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