analyze financial data of a not-for-profit college-P. Junior College-in order to create financial statements and evaluate the financial sustainability of the collegeafter reviewing the data provided, create the following and submit your work in a single Word document:

1. Statement of Revenues, Expenses, and Changes in Net Assets for Plascencia Junior College for 2010
2. Considering current issues regarding the funding of not-for-profit entities, evaluate the relationship between not-for-profit financial reporting and potential donors. In your analysis (150300 words) explain how the Statement of Revenues, Expenses, and Changes in Net Assets for P.Junior College can demonstrate sustainability. Also consider what other information would be useful to determining the overall sustainability of P.Junior College.

ApplicationWeek 6 Following is information for Plascencia Junior College for fiscal year ended June 30, 2010: Revenues Tuition and fees State appropriations Federal grants and contracts (80% operating, 20% capital) Private gifts, grants, and contracts Sales and services for educational activities Earnings on endowments investments Dollars ($) 4,250,000 1,250,000 1,000,000 1,751,200 205,000 75,600 Expenses Instruction Research Public Service Academic Support Student Services Institutional Support Operation and maintenance of facilities Scholarships and fellowships Depreciation on facilities and equipment Interest on capitalrelated debt Dollars ($) 2,150,500 750,000 101,000 712,500 700,180 1,234,000 1,501,455 200,500 30,000 12,500 Beginning balance of unrestricted net assets was $1,650,000. There were no permanently restricted and temporarily restricted net assets for the period