Use a negative sign with an answer for net assets released from restrictions and change in net assets, if appropriate. Otherwise, do not use negative signs. Note: Not all accounts will have a balance. If the balance is zero for a listed account, leave answer field blank (or enter zero). Southside Counseling Center Statement of Activities For the Year Ended December 31, 2023 Net Assets Revenues, gains, and other support: Contributions-General Contributions-Grant Contributions-Parolee program Contributions-Building fund Investment income Net assets released from restrictions Total revenues, gains and other support Expenses: Program expenses Without Net Assets Donor With Donor Restrictions Restrictions 0 x $ 0 x 750,000 1,750,000 0 0 0 0 30,000 0 0 % 0 % 0 x 1,140,000 Administrative expenses Fund-raising expenses 499,000 100,000 0 0 0 Total expenses 1,739,000 0 Change in net assets 0 x 0 % Net assets, January 1, 2023 0 0 Net assets, December 31, 2023 $ 0 x $ 0 x Southside Counseling Center Statement of Financial Position December 31, 2023 Assets Cash Contributions receivable, net Investments Restricted cash Building and equipment, net Total assets Liabilities and net assets Liabilities: $ 580,000 51,000 800,000 50,000 3,510,000 $ 4,991,000 Accounts payable $ 100,000 Note payable Mortgage payable Net assets: Without donor restrictions With donor restrictions Total liabilities and net assets $ 300,000 2,400,000 2,800,000 0 x 0 % 0x 0 x