Citrus Peel Annual Edition 2022 | Page 22

21
Statement of Activities ( with prior year summarized information )
2020
Without Donor
With Donor
2021
Summarized
For the years ended September 30 ,
Restrictions
Restrictions
Total
Total
Revenue and Other Support Sales revenue
$
5,614,397
$
$
5,614,397
$
7,575,269
Service fees
192,869
192,869
92,535
Less cost of sales
( 2,119,638 )
( 2,119,638 )
( 2,382,137 )
Contributions and grant revenue
297,668
50,430
348,098
330,388
United Way funding
23,440
23,440
23,257
Other income
1,278,218
1,278,218
118,602
Investment income , net
320,809
119,960
440,769
249,389
Net assets released from restrictions
103,078
( 103,078 )
Total revenue and other support 5,710,841 67,312 5,778,153 6,007,303
Expenses Program expenses Service to troops
1,286,590
1,286,590
1,505,415
Educational programs
1,612,122
1,612,122
1,756,149
Properties
704,402
704,402
646,566
Public relations
627,779
627,779
542,228
Total program expenses
4,230,893
4,230,893
4,450,358
Supporting expenses Administration
425,416
425,416
435,282
Fund development
319,394
319,394
236,270
Total supporting expenses
744,810
744,810
671,552
Total expenses 4,975,703 4,975,703 5,121,910
Change in Net Assets 735,138 67,312 802,450 885,393
Net assets at beginning of year 6,973,167 887,857 7,861,024 6,975,631 Net assets at end of year $ 7,708,305 $ 955,169 $ 8,663,474 $ 7,861,024