The Southside Counseling Center was established on January 10, 2020, to provide a variety of counseling services to community residents, including marital and family counseling and treatment for alcoholism and drug abuse. The centers initial resources were provided by a private foundation in the form of a $2,500,000 capital grant. Of this sum, the foundation designated $1,000,000 for building and equipment and $750,000 for the establishment of a special program for counseling parolees. The following transactions occurred during 2020:

1. Contributions of $1,200,000 were received through the local United Way campaign, and an additional $200,000 was received in direct contributions. Of the direct contributions, $20,000 was for the parolees program and $50,000 was for the building fund; the remaining $130,000, of which $60,000 was in the form of documented pledges expected to be collected within one year, was unrestricted. The pledges are estimated to be 85% collectible. End-of-year contributions expected to be received within one year are reported at net realizable value, with estimated uncollectibles netted against restricted contribution revenue.

Cash	?
Restricted Cash	?
Contributions Receivable	60,000
Allowance		9,000
Contributions Revenue Unrestricted		1,270,000
Contributions Revenue Use Restricted		70,000
Contributions Revenue Time Restricted		51,000