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. Stan Altman:

    Pam Induni have these students graduating with an energized look at how to impact the community, they can look at ways to impact the nonprofit sector, improve higher education, look at city agencies. They can use technology to organize human activity and give them an integrated view on how all the pieces fit together in today’s world.

  2. Elisa Neira:

    TO WHOM IT MAY CONCERN: Please be informed that I am choosing to exercise my right to remain silent and the right to refuse to answer your questions. If I am detained, I request to contact an attorney immediately. I am also exercising my right to refuse to sign anything until I consult with my attorney. we want our residents to be educated, to have access to competent immigration attorneys and nonprofit agencies, to have their documents and records in a safe place and not to fear seeking assistance from local police, schools and other agencies, when needed.

  3. Eric Schneiderman:

    Whatever nonprofit organization is responsible for its operation must be properly constituted, comply with New York law, and be accountable and transparent, for years, Nelson Peña has run the parade without regard to these requirements.

  4. Angela Rafuse:

    Then so many people started sharing stories with us about how their grandparents' cats ended up in shelters and how their grandparents worry about what will happen to their cats or their dogs because there’s nowhere to take them, i've worked at a nonprofit for the past four years so I thought, it should be pretty easy to find resources to help these people. Nothing existed that empowered a senior and helped them arrange this and empowered their family. Everything was just shelters.

  5. Isabel Sheinman:

    We consider ourselves a tech company, we don’t want to be a traditional nonprofit. We don’t want to have to rely on individual support.

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

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

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