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You did great in updating the tax form and industry type of your non-profit company.
Once you change the QuickBooks Online company into a non-profit organization, the title of the reports will no longer update. If you want to run Statement of Activity, you'll have to search for Profit and Loss since these reports are just the same.
Here's how:
You can also check this article about customizing a report: How to customize reports.
I'd also like to share this article in case you want to learn more about fund accounting for non-profits: Fund Accounting for non-profits.
Please reach out to me if there is anything else you need about QuickBooks. I'm glad to help.