answersLogoWhite

0


Best Answer

Yes. Non profit is a tax status.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can a non profit company turn a profit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can a non profit company also be a profit company?

No, a non-profit company cannot also be a profit company. You can only be one or the other and not both.


Is Walmart a profit or non profit company?

profit


Is Mcdonalds a non-profit or profit?

Starbucks is a for profit company.


Definition of a monetary pass through?

You are a non profit and you receive money on behalf of a profit making company. You then turn around and write a check to the profit making company for the exact amount you got. Is that not a monetary pass through?


Is Answers.com a non-profit organization?

No. Answers.com (the company's official name is Answers Corporation) is not a non-profit. It's a for-profit publicly traded company on the NASDAQ.


Is macdonalds a for-profit or Non-Profit or Not-for-profit organization?

McDonald's is a for profit company. It is not a nonprofit or a not for profit, which are synonyms.


Does Non Stock Mean Non Profit?

No. Non stock may just mean the for profit company is privately held, meaning it is not a publicly traded company.


Is JP Morgan Chase profit or not profit company?

For Profit, non profit companies tend to do good.


Would the electrical company be a nonprofit or profit corporation?

The electrical company is a profit corporation. Such a company will provide electrical services which may be difficult without a profit factor so it is almost impossible to have non-profit electrical company.


What is nonprofit stock?

There is no such thing as non profit stock. Stock implies ownership in a for profit company.


Is a incorporation for battered women consider non-profit?

Whether a company is "non-profit" or otherwise basically depends on whether it is registered in a way that allows the owners to get profit from it, or not.


Would the electric company most likely be a profit or nonprofit corporation?

An electric company can be either profit or non-profit. If it is listed on the stock exchange, it has shareholders who expect a profitable return on their investment. If it is a Co-op, or consumer/customer owned, then it is non-profit and operated for their benefit as opposed to a profit.