Question
The mayor of a large city approaches a group of citizens and suggests that they form an organization to provide social, educational, and recreational programs
The mayor of a large city approaches a group of citizens and suggests that they form an organization to provide social, educational, and recreational programs for local youth. The group agrees and forms an entity called the Community Youth Organization (CYO). The group also chooses a board of directors, and the board hires an executive director and several staff members. CYOs activities are financed entirely by grants from the city and many CYOs programs are held after-hours in the high school. Is the CYO a not-for-profit or a government organization? Why? What changes in characteristics would be needed to change it from one type of entity to the other?
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