Concept:Not-for-profit organizations operate to serve their members and society, not to earn financial returns for members.
Explanation:Members contribute money or resources to support the organization's activities and objectives.
At the end of the year, any excess of income over expenditure is recorded as a surplus.
This surplus is retained by the organization for future use or charitable purposes.
It is never shared among members as profit, dividend, or interest on their contributions.
Hence, members of such an organization cannot expect to receive the surplus at the year-end.
Answer:B. do not receive surplus at the end of the year