about non-profit

I know one Chinese school, it has 300 students and every student must pay $100/per month that means every month profit is more than $30,000. they only have four teachers,they apply a nonprofit company. I think it is not right, they must be profit company, is it right? please who can tell which website I can find about information?
Thanks

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• some npo is more like NOT-FOR-PROFIT -gc2020- ♂ (158 bytes) () 07/04/2007 postreply 08:56:02