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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 $ 1,567,320 Net assets released from restrictions 0 (28,500) (28,500) 0 1,567,320 0 1,058,250 315,600 0 0 7,225 Total revenues Expenses Temporary shelter program Self-sufficiency program Fund raising Administration Total expenses Increase in net assets Net assets January 1 Net assets December 31 0 0 0 93,000 81,845 1,462,920 104,400 34,250 138,650 13,780 14,000 27,780 $ 20,250 113,250 $ $
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