What is a nonprofit organization?
Q: What is a nonprofit organization?
A: A nonprofit organization (NPO) or non-business entity is an organization that does not distribute its surplus income to owners or shareholders. It uses its revenue and/or capital to achieve its purpose or mission.
Q: What are the benefits of adopting a non profit legal structure?
A: Adopting a non profit legal structure often has tax benefits and can be seen by governments as supporting activities which help the community.
Q: Are workers at non-profit organizations paid?
A: Sometimes workers at non-profit organizations are volunteers who do not get paid for their work, but sometimes they may be paid for their services.
Q: What kind of activities do some nonprofits engage in?
A: Some nonprofits try to help endangered animals or the environment, while others may make money to help other people, such as helping them start their own business or providing them with food, clothing or shelter.
Q: How large can a nonprofit be?
A: Nonprofits can range from small groups of people such as block associations or community groups, to larger more established organizations such as trade unions, universities or religions with many assets and many paid workers.
Q: Is Wikimedia an example of a nonprofit organization?
A: Yes, Wikimedia is an example of a nonprofit organization based in Florida in the United States that is also classified as a not-for-profit corporation.
Q: What is another name for nonprofits that deal with politics and international issues?
A: Nonprofits that deal with politics and international issues can be referred to as non-governmental organizations (NGOs).
