Defining a Non-Profit?!
A non-profit organization, is commonly known as an
institution tat does not make profits. The organization receives funding from
various sources and then provides free or reduced resources to communities.
Non-profits are dedicated to furthering a particular social cause or advocating
for a shared point of view. They are tax exempt or charitable, meaning they do
not pay income tax on the money that they receive for their organization. They
can operate in religious, research, or educational settings.
Some examples of these include, American Red Cross, Human
Rights Champaign, Community Action Agencies and the YMCA.
Some characteristics of a non-profit are the importance of a
mission statement and a vision statement. Nearly every nonprofit has an
executive board with community leaders who oversee the organizations daily
operations. These volunteers help the organization work, financial
responsibilities, and staff members who share a commitment to the mission.
Lastly, by law and by custom, nonprofits are focused on providing benefit to the
community at large and to serving public.
Something that I want to learn more about after reading this
article are more research and statistics about the benefits of working in the
nonprofit sectors. I want to learn about my own community and my daughters.
What are the benefits that each non-profit provides in the communities and
proof behind it.
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