E 22-7 Net assets classification Brotherhood, a religious organization, received funds and gifts in the form of:

1. Donations by members Accounting for Not-for-Profit Organizations 769 2. Donations from the government to repair the organization’s building 3. Donations from a CSR initiative to repair organization’s building and any excess is for operations 4. A car as a gift from a deceased member 5. Land donated by a member, which will be inherited by his family when he dies REQuIRED: From the list above, classify each donation into its appropriate net assets class.