Financial Statements 2020

Page 9

KIDS CANCER CARE FOUNDATION OF ALBERTA

Statement of Changes in Net Assets FOR THE YEAR ENDED JANUARY 31, 2020

Invested in Property and Equipment Net assets, beginning of year

$

Excess (deficiency) of revenue over expenses

$

3,000,000

(156,115)

Net acquisition of property and equipment

97,063

Contributions deferred Net assets, end of year

859,052

Internally Restricted

4,295 $

804,295

Unrestricted $

-

48,557

-

(97,063)

$

1,057,229

3,000,000

2020 $ 4,916,281 (107,558)

1,004,428

The accompanying notes are an integral part of the financial statements

— 7 —

-

$ 4,808,723

5,335,148 (418,867)

-

(4,295) $

2019 $

$

4,916,281


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