1. What is the difference between private and governmental not-for-profit organizationand who oversees the accountingrequirements for each type of organization?

2. What are the various categories that come under a private NFP organization?

3. search to find a private NFP organization and review their financial statements. This could be a local chapter of a major organization like United Way, American Red Cross,etc.TCite the source of your research along with your summary.

please provide a summary explaining the financial position, statement of activities and statement of cash flows for the organization you have chosen as an example.