The one common condition is not paying out profits (“no part of the organization’s net earnings can inure to the benefit of any private shareholder or individual”); hence the term, “nonprofit.”

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 …

Jan 25, 2026 · Organizations that are organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary, educational or other specified purposes. Churches …

Jul 1, 2023 · Access essential tax forms for nonprofit businesses. Read about important changes and announcements for nonprofits from the Indiana Department of Revenue.

The meaning of NONPROFIT is not conducted or maintained for the purpose of making a profit. How to use nonprofit in a sentence.

Feb 27, 2025 · What Is a Nonprofit Organization (NPO)? A nonprofit organization is an entity that is created and operated for charitable or socially beneficial purposes rather than to make a profit.

Nonprofit organizations are often difficult to define because of the variety of organization types and services offered in the sector. At its core, a nonprofit is an organization that works to …

Aug 30, 2023 · "501 (c) (3) organization is a organization fas, trust, unincorporated association, or other type of organization exempt from federal income tax under section 501 (c) (3) of Title 26 …

Jan 1, 2025 · Discover what a nonprofit is, how it operates, and the different 501 (c) classifications. Learn about tax-exempt status, nonprofit types, and how these organizations …

Mar 17, 2025 · Nonprofit, not-for-profit, and for-profit organizational structures have different implications for your taxes, corporate governance, and business activities.