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hahaha. it means they dont make money from what they do.
A non-profit is an organization founded for one of several reasons (education, scientific endeavors, etc.) for public support. Contrary to what most people believe, non-profits can in fact make a profit. The difference is that for-profits may then divide up these profits and disburse them among the various officers and directors. You cannot do this in a non-profit. Also, if organizations are looking to be tax-exempt (not subject to federal income tax) then there are various restrictions that are put in place and certain activities that non-profits cannot engage in.
What else can I help you with?
Is USAA a non-profit company?
No, USAA is not a non-profit company. It is a financial services company that operates as a for-profit organization.
Difference between not for profit and non profit?
No difference.
Are schools considered non-profit organizations?
Yes, schools are typically considered non-profit organizations because their primary purpose is to provide education rather than generate profit.
Where can someone learn about non-profit debt management?
You can learn about non-profit debt management from New Ride Loan, Pro Sights Speciality, My Financial Goals, Money Management, Non Profit Debt Center, and from the Debt Management Group.
What is the abbreviation for a non profit oragnization?
NPO
Can a non profit company turn a profit?
Yes. Non profit is a tax status.
Are Elks BPOE lodges non profit?
Yes, they are non-profit. The BPOE is a non-profit fraternal and philanthropic organization.
Is Walmart a profit or non profit company?
profit
Is apple a profit or non-profit business?
profit.
Is Peta non profit?
Yes, PETA is a non-profit organization.
How do you become a non profit organization?
By... being a non profit organization?
Name three non-profit organisation?
The American Red Cross is a non-profit organization. The American Cancer Society is non-profit organization.The Boy Scouts of America is a non-profit organization.
Is Mcdonalds a non-profit or profit?
Starbucks is a for profit company.
Is Barnes Jewish hospital for profit or a non-profit hospital?
BarnesJewish Hospital is a non-profit hospital.
Would the American Red Cross be a profit or non profit organization?
The ARC is a non-profit organization.
What is the Latin language translation for non profit?
The latin translation for "non profit" is non ususfructus.
Can a non-profit have a non-profit division?
Yes. Non Profits can manage other non profits, similar to a wholly owned subsidiary in the for profit world.
