My best advice is always to spend time researching as much as possible. Information is power. https://online.norwich.edu/academic-programs/resources/7-key-differences-between-nonprofit-and-profit-organizations

Another lens: accounting, which I assume is a big part of your decision making? It might help you decide on which way to take your initiative: https://quickbooks.intuit.com/ca/resources/nonprofit-organizations/non-profit-business-for-profit-business/