Not For Profit

A not for profit (NFP) organisation is one thats primary aim is to not to make profit but to do something else such as protect the earth or promote ping pong. In recent years, as corporate culture has spread the line of profit has become increasingly blurry.

To operate NFPs need people, people require wages, this is not deemed as profit as people are a necessity to the operation of the business. The best NFPs can be at least ten times better than a typical NFP operating within the same area, hundreds of times better than poor-performing NFPs, and the worst NFPs can do harm. This is to do with legacy efficiency, since the digital revolution many NFPs have large human resources bills for workers who do unproductive jobs. Furthermore, with inequality is rising, CEO compensation has grown 940% since 1978, this includes those working in NFPs. NFPs should have a moral commitment to efficiency to ensure spiralling ineffcicient work forces do not swallow money where it is needed most.

Not For Revenue

The idea behind not for revenue (NFR) is to establish an entity type which does not aim to maximise profit or revenue but a social cause. Arguably this could be catergorised as a social enterprise however it is a distinct entity as it removes the any association to profit by committing to full transparency.