Accounting homework help.
Write 400â€“600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:
You are part of a group of concerned citizens in your city and have approached the mayor to form a community organization that will provide a music outreach program for the local youth. He has given his approval and support and as the next step, chooses a board of directors and hires staff. This organization is going to be completely financed by city grants. Answer the following:
- Is this a governmental or not-for-profit organization (NFPO)?
- Explain your answer in detail. Support your response with a narrative containing facts or other relative information.
- If you feel that it is an NFPO, what would need to happen to this organization for it to become a governmental organization?
- If you feel that it is a governmental organization, what would need to happen to this organization for it to become an NFPO?