What is a nonprofit organization?

Answer A nonprofit organization is an entity with a Board of Directors that is guided by a mission statement, operated based on by-laws, and whose profits are reinvested in the organization and not distri... Read More »

Top Q&A For: What is a nonprofit organization

What is a 501(c)(3) nonprofit organization?

The Internal Revenue Code provides tax benefits to nonprofits who qualify as exempt. A 501(c)(3) nonprofit organization is one that has been determined to be exempt and can receive tax deductible c... Read More »

How to Run a Nonprofit Organization?

Operating a nonprofit organization that helps people in need can be extremely rewarding work. A nonprofit is an organization that does not seek primarily to make a profit to distribute to sharehold... Read More »

How do I start a 501(c)(3) nonprofit organization?

There are two major components to establishing a 501(c)(3) nonprofit organization: establishing the corporation and obtaining tax-exempt status. The specific requirements for incorporation vary fro... Read More »

How to Lobby for a Nonprofit Organization?

While nonprofit organizations are prohibited from getting involved in political campaigns and activities, they are allowed to lobby for causes and legislation that they believe in. Because of their... Read More »