No. Nonprofit organizations have expenses to pay as well such as rent, salaries, and utilities. The only real difference between a for profit company and a not for profit company, is that unlike a for profit company, if a non-profit makes a "profit" its pays no taxes.
Unlike a for-profit organization, a qualifying non-profit may also be tax-exempt, under rules of the Internal Revenue Code, provided it follows the rules for distributing any profit it makes. If it fails to fully qualify for tax-exemption, the non-profit may owe income taxes on at least some of its income, both at the state and federal levels.
Can a nonprofit foundation give money to a for profit organization
Microsoft is not a non-profit organization.
McDonald's is a for profit company. It is not a nonprofit or a not for profit, which are synonyms.
No, it is a for profit corporation.
Designation as a nonprofit does not mean that the organization does not intend to make a profit. The nonprofit may also be a trust or association of members.
Budget that works for nonprofit organization and it relates to developing programs and what not.
Electric company is a profit organization now a days the share of electric companies increases very rapidly. Only Cooperative socities are nonprofit organizations.
The purpose of a non profit will be different for every non profit.
non profit means like its not doing something to make money. like a organization to help africans can be "nonprofit" The commerical said that the organization was a non profit organization and they just wanted to help the sick and needy.
It is independent non profit, which means the agency has a governing board and a separate 501 (c) 3.
There are a few listed on the site: Non-profit organization
no he cant,,he can only be appoint as a trustee of a orgnisation