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And a Financial Statement using the information below: Organize the activities in the Financial Statement spreadsheet into a

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Financial Statement of Activities of XYZ for the period FY 2020

Amount in $

Revenues

Individual Donations 132,475.00

US Government contracts 345,758.00

Foundation Grants 62,16,000.00

Investment Income 2,854.00

Total Support and Revenue 66,97,087.00

  

Expenses

Direct program service cost 50,01,397.00

Salaries and Compensation 713,847.00

Marketing and fundraising 450,000.00

Administartive costs 160,000.00

Total Expenses 63,25,244.00

  

Change in Net assets    371,843 .00   

Net Assets in the begining of the year 67,51,237.00

Net assets in the end of year 71,23,080.00  

Note; Change in assets= total revenue-total expenses

  

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