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.

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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. Elisa Neira:

    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. Scott Galloway:

    I think you're naturally seeing what I would call a well deserved and well earned gag reflex around this idea, they're trying to do everything right : Set up an independent body in Switzerland, make it a nonprofit. But there's one problem... it comes from Facebook. And people just are like,' Burn me a million times, shame on you, burn me a million and one times, shame on me.'.

  4. Thresholds CEO Mark Ishaug:

    It really couldn't have come at a better time, this is about Emily Bugg and Billy Lewis of Chicago, but it really exemplifies my entire staff and how much the people who work at Nonprofit Thresholds care so deeply about the people they serve.

  5. Good Hope:

    We are quite a small nonprofit, we're not used to this level of donations.

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. 26 Apr. 2024. <https://www.definitions.net/definition/nonprofit>.

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