It is an organization that exists to serve a purpose as opposed to make money.
Nonprofit organisation
Nonprofit organisation refers to an organisation where the board members of the organisation dont own profit. It is generally started by any individual or a group who want to help the society by creating orphanage, old age homes or any educational organisation. In order to start a person should acquire a huge amount of money as a donation from some well know rich person who can help the society . .
http://www.fraudwatchers.org/forums/showthread.php?t=6403
first make a small profitable organisation(eg. with your friends, so you don't have to pay them when you start off),then use the profit to grow your organisation,then use the profit to keep the organistion running.
the Virginia's local government management association is a nonprofit ,nonpartisan organisation composed primarily of city, town, and county mangers and key members of our management teams.
In Massachusetts, an LLC cannot be designated as a nonprofit entity. Nonprofit organizations must typically be structured as a corporation under state law, specifically as a nonprofit corporation. However, LLCs can be formed for certain charitable purposes and can elect to be taxed as a nonprofit under IRS regulations, but they still need to comply with the requirements for nonprofit corporations in Massachusetts. For truly nonprofit activities, it's advisable to establish a nonprofit corporation.
The NonProfit Times was created in 1989.
Nonprofit VOTE was created in 2005.
WAYS is a nonprofit organisation that aims to help all youth aged 9-25. They provide services such as recreation, education and training, counseling, case management, health promotion, and health services.
Yes.
yes they are a nonprofit organization
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.