Nonprofit Organization

Definition: a Nonprofit Organization is an organization that uses economic means to achieve its goals rather than distributing them as profit or dividends.
An NPO could generate surplus revenues (profit), but they must be retained by the organization for its self-preservation, expansion, or plans.
In some legislations, the fact that an NPO is not aimed at making profit (no lucrative purpose) is essential.
Also called NPO, not-for-profit-organization, Civil Society Organization, or short: nonprofit.

💡

Learn more about Nonprofit Organizations.

More on organization types: Contingency Theory, Functional Organization, Hierarchical Organization, Non-governmental Organization, Organization, more on organization types...

MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program.

We keep it short and provide links to high-quality websites where you can learn more about your topic.

Add MBA Brief to your desktop / iPad

© 2025 MBA Brief - Last updated: 1-5-2025 - Privacy | Terms