Non-profit organizations
Neziskové organizace
According to WIKIPEDIA:
A Non-profit organization (or just non-profit) is an organization that is not allowed to distribute any money that it makes to its owners as profit. It usually does not even repay them money they provide, which is called a donation. In England this is more often referred to as "not-for-profit", and includes local and national government. Non-profit organizations are allowed to pay their workers, but many workers at non-profit organizations are volunteers who do not get paid for their work.
Sometimes a non-profit may make money to help other people, which might include helping them start their own business or providing them with food, clothing or shelter. Some non-profits try to help endangered animals or the environment. Some non-profits are small groups of people such as a block association or community group. Others such as trade unions, universities or religions are large and well established, with many assets and many paid workers
An organization that is non-profit is usually called a non-profit organization. When it deals with politics or international issues it can be called a non-governmental organization or NGO.
The Wikimedia organization, which runs Wikipedia is a non-profit. It is based in Florida in the United States. It is also a corporation known as a not-for-profit corporation.
An organization that is trying to make a profit, and failing, is called unprofitable and may go bankrupt - but this does not make it a non-profit. A non-profit may be profitable just as any business, but the profits are used to further the purpose, not to make the people who started it or who work there rich.
In other words a non-profit organization is an organization that uses its surplus revenues (extra money) to achieve its goals and advance its work, not to pay profits to investors like a regular company does. There are many different types of non-profit organizations, but in this lesson we’re going to focus on charitable organizations (usually called charities), which focus on helping people, animals, and the environment. The activities of a charity may include providing food, medicine, education, and disaster relief (help and supplies after a natural disaster like an earthquake or flood).