Which type of economic institution works to provide services to a community and does not pay taxes? In simple terms and only one sentence.

A nonprofit organization works to provide services to a community and does not pay taxes.

What are some risks of using a financial institution? In simple terms and only one sentence.

The risk of using a financial institution is the potential for losing money or falling victim to fraud.

What are three risks of using a financial institution? In simple terms and only one sentence.

The three risks of using a financial institution are potential loss of funds, exposure to identity theft or fraud, and reliance on the stability of the institution.