For the second part of your post, Acorn is a non-profit, Boeing is a for profit company. The differences are....
Non-profit organization - Wikipedia, the free encyclopedia
Whereas for-profit corporations exist to earn and distribute taxable business earnings to shareholders,
the nonprofit corporation exists solely to provide programs and services that are of public benefit. Often these programs and services are not otherwise provided by local, state, or federal entities. While they are able to earn a profit, more accurately called a surplus, such earnings must be retained by the organization for its future provision of programs and services. Earnings may not benefit individuals or stake-holders[1]. Underlying many effective nonprofit endeavors is a commitment to management. Twenty years ago, the term "management" was distasteful to many of those involved in nonprofit organizations because of its connotations of "business." Non-profits prided themselves on being free of the taint of commercialism and undue consideration of the bottom line. Now a consensus has developed within the nonprofit sector that nonprofits need management as much as for-profit enterprises. The nonprofits are, of course still dedicated to "doing good." But they also realize that good intentions are no substitute for organization and leadership, for accountability, performance, and results. Those require management and that, in turn, begins with the organization's mission.
NPOs are often charities or service organizations; they may be organized as a not-for-profit corporation or as a trust, a cooperative, or they may be purely informal.
There is a wide diversity of structures and purposes in the NPO landscape. For legal classification and eventual scrutiny, there are, nevertheless, some structural elements of prime legal importance:
* Economic activity
* Supervision and management provisions
* Representation
* Accountability and Auditing provisions
* Provisions for the amendment of the statutes or articles of incorporation
* Provisions for the dissolution of the entity
* Tax status of corporate and private donors
* Tax status of the foundation
Some of the above must be, in most jurisdictions, expressed in the document of establishment. Others may be provided by the supervising authority at each particular jurisdiction.
While affiliations will not affect a legal status, they may be taken into consideration in legal proceedings as an indication of purpose.
Most countries have laws which regulate the establishment and management of NPOs, and which require compliance with corporate governance regimes. Most larger organizations are required to publish their financial reports detailing their income and expenditure for the public. In many aspects they are similar to business entities though there are often significant differences. Both non-profit and for-profit entities must have board members, steering committee members, or trustees who owe the organization a fiduciary duty of loyalty and trust. A notable exception to this involves churches, which are often not required to disclose finances to anyone, including church members, though most churches remain fiscally transparent with their members.
1. Would you give money to a charity that has admitted to fraud?
2. Do you believe a that non-profit should receive tax free status that commits fraud?