not-for-profit model

A not-for-profit model is an organization that uses any excess revenue to further its mission rather than to make a profit for owners or shareholders. Its primary goal is to serve a public or community benefit—such as education, healthcare, or social services. While it can generate income through donations, grants, or services, all funds are reinvested into the organization's programs and operations. Not-for-profits often rely on volunteers, fundraising, and partnerships to sustain their work, focusing on impact rather than profit, and are typically eligible for tax exemptions given their community-oriented purposes.