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Presented below is a partially completed Statement of Activities for a homeless shelter. Complete the Statement of Activities by filling in any missing amounts as
Presented below is a partially completed Statement of Activities for a homeless shelter. Complete the Statement of Activities by filling in any missing amounts as needed. CENTERVILLE AREA HOMELESS SHELTER Statement of Activities For the Year Ended December 31, 2020 Net Assets Net Assets without Donor with Donor Restrictions Restrictions Total Revenues Contribution revenues $ 1,576,420 0 Net assets released from restrictions (29,500) (29,500) Total revenues 0 1,576,420 Expenses Temporary shelter program Self-sufficiency program Fund raising Administration 1,061,350 318,000 7,375 80,435 1,467,160 Total expenses 0 0 Increase in net assets Net assets January 1 Net assets December 31 95,000 21,750 116,750 14,260 14,100 28,360 109,260 35,850 145, 110 $ $ $
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