What is a non profit organization?
It is actually really simple to explain. Well non profits are a little bit different in every country depending on your location. Let's talk about the United States of America. For a non profit you'll also see that they are quite a few similarities to a for profit. Some key differences between a non profit and a for profit organization is taxation and ownership structure. Also how are you distributing revenue that comes in. In a non profit organization the revenue that is used through the company and How it is used is essential to understand. The key indicator is that surplus revenue must go to the sustainability of the non profit organization