What is a Nonprofit Organization?

What is a nonprofit organization? If you are starting a nonprofit organization or thinking about starting a nonprofit organization, you should know the basic definition so you understand the nonprofit startup process. We often use some words interchangeably, like not-for-profit, non-governmental organization, or charity without understanding they have distinct meanings. In this video, I break down the basic definition of a non profit so that you can understand what is a nonprofit.

I also cover what it means to be a nonprofit 501c3 organization and talk about the differences between public charities and foundations so that you can understand how to start a 501c3 non profit.

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