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Not-for-profit organization, the Glossary

Index Not-for-profit organization

A not-for-profit or non-for-profit organization (NFPO) is a legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives.[1]

Table of Contents

  1. 20 relations: Community organization, Fundraising, Internal Revenue Code, Legal person, Mutual organization, Non-commercial activity, Non-governmental organization, Non-profit organization laws in the U.S., Non-profit organizations and access to public information, Non-profit technology, Nonprofit organization, Nonprofit organization laws by jurisdiction, Public good (economics), Public-benefit nonprofit corporation, Revenue, Sports club, Supporting organization (charity), Tax exemption, Voluntary sector, 501(c) organization.

Community organization or community based organization refers to organization aimed at making desired improvements to a community's social health, well-being, and overall functioning. Not-for-profit organization and community organization are types of organization.

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Fundraising

Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies.

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Internal Revenue Code

The Internal Revenue Code of 1986 (IRC), is the domestic portion of federal statutory tax law in the United States.

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In law, a legal person is any person or 'thing' (less ambiguously, any legal entity) that can do the things a human person is usually able to do in law – such as enter into contracts, sue and be sued, own property, and so on.

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Mutual organization

A mutual organization, also mutual society or simply mutual, is an organization (which is often, but not always, a company or business) based on the principle of mutuality and governed by private law.

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Non-commercial activity

A non-commercial (also spelled noncommercial) activity is an activity that does not, in some sense, involve commerce, at least relative to similar activities that do have a commercial objective or emphasis.

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Non-governmental organization

A non-governmental organization (NGO) (see spelling differences) is an organization that generally is formed independent from government. Not-for-profit organization and non-governmental organization are types of organization.

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Non-profit organization laws in the U.S.

United States non-profit laws relate to taxation, the special problems of an organization which does not have profit as its primary motivation, and prevention of charitable fraud.

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Non-profit organizations and access to public information

When government agencies outsource basic services to third-party non-profit contractors, one consequence is that the public may lose its access to information about the service that the public would have retained, had a government agency carried out the service directly.

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Non-profit technology

Nonprofit technology is the deliberative use of technology by nonprofit organizations to maximize potential in numerous areas, primarily in supporting the organization mission and meeting reporting requirements to funders and regulators.

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Nonprofit organization

A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, or simply a nonprofit (using the adjective as a noun), is a legal entity organized and operated for a collective, public or social benefit, as opposed to an entity that operates as a business aiming to generate a profit for its owners. Not-for-profit organization and nonprofit organization are types of organization.

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Nonprofit organization laws by jurisdiction

Laws regulating nonprofit organizations, nonprofit corporations, non-governmental organizations, and voluntary associations vary in different jurisdictions.

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Public good (economics)

In economics, a public good (also referred to as a social good or collective good)Oakland, W. H. (1987).

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Public-benefit nonprofit corporation

A public-benefit nonprofit corporation is a type of nonprofit corporation chartered by a U.S. state government, and organized primarily or exclusively for social, educational, recreational or charitable purposes by like-minded citizens.

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Revenue

In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business.

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Sports club

A sports club or sporting club, sometimes an athletics club or sports society or sports association, is a group of people formed for the purpose of playing sports.

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Supporting organization (charity)

A supporting organization, in the United States, is a public charity that operates under the U.S. Internal Revenue Code in.

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Tax exemption

Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions.

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Voluntary sector

In relation to public services, the voluntary sector is the realm of social activity undertaken by non-governmental, not for profit organizations.

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501(c) organization

A 501(c) organization is a nonprofit organization in the federal law of the United States according to Internal Revenue Code (26 U.S.C. § 501(c)) and is one of over 29 types of nonprofit organizations exempt from some federal income taxes.

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References

[1] https://en.wikipedia.org/wiki/Not-for-profit_organization

Also known as Not for profit, Not for profit organization, Not-for-Profit, Not-for-profit organisation, Not-for-profit organizations.