What does nonprofit organization mean?

Definitions for nonprofit organization
non·prof·it or·ga·ni·za·tion

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

Princeton's WordNet

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

    an organization chartered for other than profit-making activities

Wikipedia

  1. Nonprofit organization

    A nonprofit organization (NPO), also known as a non-business entity, not-for-profit organization, or nonprofit institution, is dedicated to furthering a particular social cause or advocating for a shared point of view. In economic terms, it is an organization that uses its surplus of the revenues to further achieve its ultimate objective, rather than distributing its income to the organization's shareholders, leaders, or members. Nonprofits are tax exempt or charitable, meaning they do not pay income tax on the money that they receive for their organization. They can operate in religious, scientific, research, or educational settings. The 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, funders, volunteers, program recipients, and the public community. Public confidence is a factor in the amount of money that a nonprofit organization is able to raise. The more nonprofits focus on their mission, the more public confidence they will have, and as a result, 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 organization

    A nonprofit organization is a type of entity that is primarily driven by a purpose or goal that benefits the public or a specific group of individuals, rather than focusing on generating profits for owners or shareholders. These organizations are typically funded through donations, grants, or membership fees and all the income are reinvested back into the organization to further its mission. They can operate in various fields such as education, research, health, environment, arts, and social services. Nonprofit organizations are granted certain tax exemptions by the government due to their contribution to the public good.

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Numerology

  1. Chaldean Numerology

    The numerical value of nonprofit organization in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of nonprofit organization in Pythagorean Numerology is: 6

Examples of nonprofit organization in a Sentence

  1. 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.

  2. Mark Ricks:

    The whole point of a nonprofit organization is to help someone who is in need, not to help someone get rich. But sometimes the whole 'not for profit' side seems to get cast aside.

  3. Jonah Berger:

    Whether you’re a nonprofit organization with no marketing budget or a small business owner with a great new service, knowing how to generate word-of-mouth will help you make your product, service or idea succeed, and even if you don’t have anything you want to catch on, understanding how word of mouth works will help you better navigate the world around you.

  4. Frederick Hubbard:

    Now, the question is, what do we need to do to get them to recover ? said Dr. Frank Ridgleyhead of conservation and research at Zoo Miami. Biologists believe they have the answer. Executives of the Patch of Heaven Sanctuary, a nonprofit organization dedicated to creating habitats for wildlife, in February finished building what they claim is the largest bat house in the world in an effort to save Floridas high flyers. Nobody else is doing this kind of work. Not on this scale, said Frederick Hubbard, the sanctuarys executive director. The two-tier structure can house up to 250,000 bats. The University of Florida boasts large bat houses of The University of Florida own.According to the [ UF ] web site, theyre the biggest occupied bat houses in the world, Frederick Hubbard told the Miami Herald. Our bat house is technically bigger. Were trying to get the wording right on that. Frederick Hubbard says the batstend to form colonies, living together and procreating. The new two-tier bat house can hold up to 250,000 total bats. ( Elina Shirazi/Fox News) Theres usually a dominant male, a large male who establishes and claims these coveted kinds of spaces and then he tries to attract females and the females tend to then be attracted to a male who is going to defend the territory and keep a safe space for them, Ridgley said. CLICK HERE TO GET THE FOX NEWS APP Ridgley says the bats are vital to biodiversity and in fact helpful to humans. Theyre cleaning up our skies. Theyre providing all these services and in some parts of the country, you know, bats literally provide billions of dollars of services to the residents, Ridgley said. Ridgley said its hard to know the history of the bats since they were only discovered as a unique species in 2004. There was very little known about this bat just about a decade ago. I mean they only knew of one place where they were roosting and it was a mystery across their whole range here in South Florida. Anything about them, you know, what kind of groups they had, what they need to survive. So there was a lot of intensive study going into answering some of these questions, said Ridgley. Ridgley estimates their population is now only in the hundreds, and technology is helping them to keep track. One device they use, an echo meter, plugs into a cell phone and identifies the type of bat and itslocation based off of sound. They do a type of echolocation and supposedly they have some recorded sounds that theyre going to be able to put up into the bat-house that will attract them, said Frederick Hubbard. Creators claim this bat house at the Patch of Heaven Sanctuary is the largest in the world. Frederick Hubbard said that if their project accomplishes its aim, it may help rewrite the fate of these bats who have lost almost all of their habitat. For now, Frederick Hubbard said they are patiently waiting for the bats to rent out their space. Come home.

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"nonprofit organization." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/nonprofit+organization>.

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