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-   -   Non-profit and not-for-profit (https://www.askmehelpdesk.com/showthread.php?t=6606)

  • Dec 10, 2004, 01:28 AM
    lochoang
    Non-profit and not-for-profit
    Hi:

    What is the difference between non-profit and not-for-profit organizations?
  • Mar 8, 2007, 10:48 AM
    gummibean
    As I know of they are the same. It's just depends on what lingo everyone's used to.

    A non profit exists as an organization that is not for profit. It does make an excess or a surplus that would in the for profit would be considered a profit but that goes towards employees' salaries and then gets re-invested into the company. So there aren't any million dollar bonuses like Goldman Sachs :p

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