What does nonprofit mean?

Definitions for nonprofit
nɒnˈprɒf ɪtnon·prof·it

This dictionary definitions page includes all the possible meanings, example usage and translations of the word nonprofit.

Princeton's WordNet

  1. nonprofit organization, nonprofit, not-for-profitadjective

    an organization chartered for other than profit-making activities

  2. nonprofit, non-profit-makingadjective

    not commercially motivated

Wiktionary

  1. nonprofitnoun

    An organization that exists for reasons other than to make a profit, such as a charitable, educational or service organization.

  2. nonprofitadjective

    Not seeking to produce a profit .

Wikipedia

  1. nonprofit

    A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrary with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to every person who has invested time, money, and faith into the organization. Nonprofit organizations are accountable to the donors, founders, volunteers, program recipients, and the public community. Theoretically, for a nonprofit that seeks to finance its operations through donations, public confidence is a factor in the amount of money that a nonprofit organization is able to raise. Supposedly, the more nonprofits focus on their mission, the more public confidence they will have. This will result in more money for the organization. The activities a nonprofit is partaking in can help build the public's confidence in nonprofits, as well as how ethical the standards and practices are.

ChatGPT

  1. nonprofit

    A nonprofit is an organization or entity that is legally and structurally designed to provide services or benefits to the public or specific groups without generating profits for private gain. Its income is used to fund its stated objectives, goals, or causes, rather than being distributed to shareholders or owners. Nonprofit organizations typically have a tax-exempt status due to their charitable, educational, or similar purposes.

How to pronounce nonprofit?

How to say nonprofit in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of nonprofit in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of nonprofit in Pythagorean Numerology is: 1

Examples of nonprofit in a Sentence

  1. Chelsea Elliott:

    When I learned about Helen Keller for the first time in the fourth grade, I surmised that I am half blind and half deaf like half Helen, what better role model than to name a nonprofit after the most extraordinary woman who overcame obstacles being blind and deaf?

  2. John Whitehead:

    A nonprofit conservative legal organization dedicated to the defense of civil, especially religious, liberties and human rights.

  3. Glen White:

    It’s an easy way for groups such as civic organizations, high school boosters, churches and other nonprofit groups to operate concessions at the stadium to raise funds for their respective organizations.

  4. Tony Perkins:

    These elected leaders effectively endorsed government discrimination against individuals and nonprofits simply for believing in marriage between a man and a woman, no person or nonprofit should lose tax exempt status, face disqualification, lose a professional license or be punished by the government simply for believing what President Obama believed just three years ago – that marriage is the union of a man and a woman.

  5. Perry Wander:

    It’s not enough to apologize and step away from your business, convert a yoga studio to a nonprofit and still draw a salary and be worth $500 million.

Popularity rank by frequency of use

nonprofit#1#7587#10000

Translations for nonprofit

From our Multilingual Translation Dictionary

  • neziskovýCzech
  • nonprofitDanish
  • gemeinnützigGerman
  • sin ánimo de lucroSpanish
  • غيرانتفاعيPersian
  • [[voittoa tavoittelematon]] [[yhteisö]], voittoa tavoittelematonFinnish
  • sans but lucratifFrench
  • շահույթ չհետապնդող կազմակերպություն, հասարակական կազմակերպությունArmenian
  • nirlabaIndonesian
  • 非営利Japanese
  • non-profitorganisatie, non-profitinstelling, non-profitDutch
  • não-lucrativoPortuguese
  • некоммерческая организация, НКОRussian
  • ideell, ideell organisation, icke-vinstdrivandeSwedish

Get even more translations for nonprofit »

Translation

Find a translation for the nonprofit definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"nonprofit." Definitions.net. STANDS4 LLC, 2024. Web. 27 Jul 2024. <https://www.definitions.net/definition/nonprofit>.

Discuss these nonprofit definitions with the community:

0 Comments

    Are we missing a good definition for nonprofit? Don't keep it to yourself...

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Browse Definitions.net

    Quiz

    Are you a words master?

    »
    a measuring instrument for measuring and indicating a quantity such as the thickness of wire or the amount of rain etc.
    A gauge
    B model
    C rogue
    D deterioration

    Nearby & related entries:

    Alternative searches for nonprofit: