adj. Not seeking to produce a profit (a financial gain).
n. An organization that exists for reasons other than to make a profit, such as a charitable, educational or service organization.
WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
adj. not commercially motivated
n. an organization chartered for other than profit-making activities
Word Usage
"Although often associated with the term nonprofit, social entrepreneurs don't have to be consumed with the hassles of corporate legal structures, reporting, and documentation."