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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. Total 1,591,190 0 CENTERVILLE AREA HOMELESS SHELTER Statement of Activities For the Year Ended December 31, 2020 Net Assets Net Assets without Donor with Donor Restrictions Restrictions Revenues Contribution revenues $ Net assets released from restrictions (29,000) Total revenues 0 (29,000) Expenses Temporary shelter program Self-sufficiency program Fund raising Administration Total expenses 0 0 Increase in net assets 88,000 27,670 Net assets January 1 19,500 14,550 $ Net assets December 31 107,500 $ 42,220 $ 1,591,190 1,034,300 369,800 8,050 63,370 1,475,520 115,670 34,050 149,720
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