Nonprofit corporations
Nonprofit corporations are organizations formed to further the interests and objectives of educational, religious, social, charitable, and cultural groups. No stock is issued, but the members of the organization enjoy the advantage of limited liability.
Nonprofit corporation is an incorporated enterprise (e.g., university, charity, church) that is not driven by a profit-seeking motive.
Category: Entrepreneurship & Small Business
Previous: ← Nominal Partner
More from this Section
- Incubator
Incubator refers a facility, office, shop, or location in which fledgling businesses can ... - Relevant industry experience
Relevant industry experience, Entrepreneurship. ... - Price
Price is the amount of money consumers pay to buy a product or service. It is the only ... - Balance sheet
Balance sheet is a snapshot of a company’s assets, liabilities, and owners’ equity ... - Financial Feasibility Analysis
Financial feasibility analysis is the final component of a comprehensive feasibility analysis. ...