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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 Total Restrictions Restrictions Revenues Contribution revenues $ 1,565,150 Net assets released from restrictions (28,000) 0 Total revenues 1,565,150 Expenses Temporary shelter program 1,056,700 Self-sufficiency program 314,400 Fund raising 7,150 Administration 82,550 Total expenses 1,460,800 Increase in net assets 92,000 13,540 104,350 Net assets January 1 19,500 13,950 33,450 Net assets December 31 $ 111,500 $ 27,490 $ 137,800
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