Consolidating non profit organizations

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Nonprofits are tax exempt or charitable, meaning they do not pay income tax on the money that they receive for their organization.

They can operate in religious, scientific, research, or educational settings.

Nonprofits are either member-serving or community-serving. Member-serving nonprofit organizations create a benefit for the members of their organization and can include but are not limited to credit unions, sports clubs, and advocacy groups.The key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to every person who has invested time, money, and faith into the organization.Nonprofit organizations are accountable to the donors, funders, volunteers, program recipients, and the public community.With changes in funding from year to year, many nonprofit organizations have been moving toward increasing the diversity of their funding sources.For example, many nonprofits that have relied on government grants have started fundraising efforts to appeal to individual donors.

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