Nonprofit Organizations Quiz

What is the main goal of a nonprofit organization?

• To make money for its owners

• To help people or communities

• To compete with businesses

• To avoid paying taxes

Where does the money a nonprofit earns go?

• To the CEO's bank account

• To buy fancy office furniture

• Back into running the organization and its programs

• To pay shareholders

Which of these is NOT a type of nonprofit?

• Charity

• School

• Fast food restaurant

• Hospital

What do many nonprofits rely on to help with their work?

• Robots

• Celebrities

• Volunteers

• Paid actors

What's one-way nonprofits raise money?

• Selling stocks

• Charging high prices

• Getting donations

• Winning the lottery

What's a challenge many nonprofits face?

• Having too much money

• Finding enough volunteers

• Deciding how to spend their profits

What's an internal reward of working at a nonprofit?

• Getting rich quick

• Having lots of free time

• Feeling like you're making a difference

• Becoming famous

What's an external reward of working at a nonprofit?

• Getting a company car

• Having a fancy job title

• Meeting interesting people who care about similar issues

• Never having to work hard

What does "501(c)(3)" refer to in relation to nonprofits?

• A type of fundraising event

• A section of the tax code for tax-exempt organizations

• The minimum number of volunteers needed

• A nonprofit's website address

What is the difference between a nonprofit and a for-profit organization?

• Nonprofits don't make any money

• For-profits don't help people

• Nonprofits use profits to further their mission, while for-profits distribute profits to owners

• There is no difference