Question
Based on the following data, prepare a Statement of Activities for a nonprofit organization called, Yoga for the Disabled. Assume that all balances are as
Based on the following data, prepare a Statement of Activities for a nonprofit organization called, Yoga for the Disabled. Assume that all balances are as of December 31 unless otherwise noted.
Unrestricted support? contribution $335,000,000
Unrestricted support? donated materials $10,000,000
Unrestricted support? donated facilities $8,000,000
Unrestricted and support? donated services? $10,000,000
Unrestricted support- special events $75,000,000
Unrestricted revenues? membership dues $17,300,000
Unrestricted revenues?investment income $34,000,000
Unrestricted gain ? gain on sale of equipment $10,000,000
Expenses ? education $184,000,000
Expenses -- research $103,800,000
Expenses ? management and general $151,200,000
Expenses ? fundraising $91,000,000
Expenses ? direct costs of special events $25,000,000
Expenses ? interest $20,000,000
Restricted support ? contributions $275,000,000
Restricted revenue s? investment income $35,500,000
Permanently restricted support ? contributions $55,000,000
Permanently restricted revenues ? investment income $10,500,000
Permanently restricted gain $1,400,000
Unrestricted net assets, January 1 $750,000,000
Temporarily restricted net assets, January 1 $250,000,000
Permanently restricted net assets, January 1 $300,000,000
Based on the following data, prepare a Statement of Activities for a nonprofit organization called, Yoga for the Disabled. Assume that all balances are as of December 31 unless otherwise noted. Unrestricted support- contribution $335,000,000 Unrestricted support- donated materials $10,000,000 Unrestricted support- donated facilities $8,000,000 Unrestricted and support- donated services- $10,000,000 Unrestricted support- special events $75,000,000 Unrestricted revenues- membership dues $17,300,000 Unrestricted revenues-investment income $34,000,000 Unrestricted gain - gain on sale of equipment $10,000,000 Expenses - education $184,000,000 Expenses -- research $103,800,000 Expenses - management and general $151,200,000 Expenses - fundraising $91,000,000 Expenses - direct costs of special events $25,000,000 Expenses - interest $20,000,000 Restricted support - contributions $275,000,000 Restricted revenue s- investment income $35,500,000 Permanently restricted support - contributions $55,000,000 Permanently restricted revenues - investment income $10,500,000 Permanently restricted gain $1,400,000 Unrestricted net assets, January 1 $750,000,000 Temporarily restricted net assets, January 1 $250,000,000 Permanently restricted net assets, January 1 $300,000,000Step by Step Solution
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