A non$-$profit organization $($NPO$)$ is an entity that operates for a purpose other than making a profit, typically focusing on social, educational, charitable, or community goals. Ownership: Non$-$profits do not have owners or shareholders like for$-$profit companies. Instead, they are governed by a board of directors or trustees who are responsible for overseeing the organization's activities and ensuring it fulfills its mission. Capital Structure: Non$-$profits typically rely on donations, grants, and fundraising activities for their capital. They may also generate income through services or products related to their mission, but any surplus revenue is reinvested back into the organization rather than distributed as profit. Legal Structure: Non$-$profits are usually registered as tax$-$exempt organizations under specific laws, such as $501($c$)(3)$ in the United States. This legal status allows them to operate without paying federal income tax and enables donors to make tax$-$deductible contributions. Non$-$profits must adhere t