Consequently, nonprofit organizations tend to miss out on a great deal of useful on-line information about management. Hopefully, one of the outcomes from the library will be an increased range of management information available to nonprofit organizations. Another outcome might be increased understanding about both types of organizations, including their strong similarities. Many people have a misconception that nonprofit organizations are very different from for-profit organizations. Often, in management practices, the most important difference to focus on is the size of the organization, rather than whether it's a for-profit or nonprofit.
Small nonprofits are often much more similar to small for-profits than to large nonprofits.
Similarly, large nonprofits are often more similar to large for-profits than small nonprofits. The following table depicts this different wording. Nonprofits focus more on fundraising from donors, e.g., grants, contributions, etc. Nonprofits focus more on board of directors' activities For-profit corporations also have boards of directors. However, their board members are usually more highly trained and experienced than in nonprofits, where board members are often volunteers who bring strong passion for the nonprofit mission.