The three classes of net assets reported for a private not-for-profit organization include all of the following except:

Name: The three classes of net assets reported for a private not-for-profit organization include all of the following except:
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The net asset classes required by the FASB are unrestricted, temporarily restricted and permanently restricted. To be restricted, resources must be restricted by donors or grantors. Internally Board designated resources are considered unrestricted.

The Three Classes of Net Assets Reported for a Private