Lesson: Examples of Non-For-Profit Organizations

In this lesson, Nick Palazzolo, CPA, walks through a series of real-world illustrations of not-for-profit organizations, highlighting the types frequently cited in exam questions. He provides insights into the prevalence of hospitals and nursing homes in these examples, and acknowledges the significant role of educational institutions like colleges and universities. Nick also delves into specific entities such as the American Red Cross and United Way, and rounds out the discussion by addressing other private not-for-profit organizations like fraternal societies, labor unions, museums, and libraries, deepening the understanding of the varied landscape within the nonprofit sector.