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Legal definition The IRS recognizes more than 20 different categories of nonprofits under section 501; This is the lens used by most people in the US Functional definition Promotion of public interest or public purpose Economic definition -nonprofit institutions or NPIs receive the bulk of their income neither from the sale of goods and services in the market, nor through taxation, but from the voluntary dues and contributions of their members and supporters. -NPIs are primarily defi...

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Double Bottom Line: Chapter 1-Page 7 : A nonprofit exists to pursue a social mission, and success must be measured in terms of its ability to achieve that mission but in today's competitive environment, nonprofit managers also must pay close attention to the financial bottom line if their organizations are to survive and succeed.-Worth Interdisciplinary Field of Study: Chapter 1 pages 50,55-56 : Concept to be Learned within the Entire Chapter. Intrapreneur: Chapter 1-Page 11 : Change...

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