Which of the following would be considered a nonprofit organization?
a. A homeless shelter that charges a fee for its services and uses the proceeds for the upkeep of the shelter
b. a drug rehab center in which revenues in excess of cost go to the owners
c. a vaccination clinic owned by an individual entrepreneur
d. a bookstore open to the public for business
e. a hospital that has a publicly traded common stock
Answer: d. a bookstore open to the public for business