Info

Total

$180,000

100%

$200,000

$250,000

$300,000

100.00%

$275,000

100.00%

Illustrative Funds-Based Financial Statements for Voluntary Health and Welfare Organizations

Statements reflect information from the entries in the text for the People's Environmental Protection (PEP) Association within the existing funds structure for voluntary health and welfare organizations as described below.

Note that in Illustration 18A-2, all the funds—total public support and revenue (A), total expenses (B), change in net assets (F = C + D + E), net assets beginning of year (G), and net assets end of year (H)—match up with the related disclosures in Illustration 18-2 (page 18-20). Similarly, the fund totals shown in Illustration 18A-3 present the same disclosures required in Illustration 18-4 (page 18-21). In addition, the net assets end of year (H) disclosure on both the statement of financial position and the statement of activities ties these two reports together.

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