Statement of Changes in Net Assets

KIDS CANCER CARE FOUNDATION OF ALBERTA Statement of Changes in Net Assets

FOR THE YEAR ENDED JANUARY 31, 2020

Invested in Property and Equipment

Internally Restricted Unrestricted 2020 2019 Net assets, beginning of year $ 859,052 $ 3,000,000 $ 1,057,229 $ 4,916,281 $ 5,335,148 Excess (deficiency) of revenue over expenses (156,115) - 48,557 (107,558) (418,867) Net acquisition of property and equipment 97,063 - (97,063) - Contributions deferred 4,295 - (4,295) - Net assets, end of year $ 804,295 $ 3,000,000 $ 1,004,428 $ 4,808,723 $ 4,916,281

The accompanying notes are an integral part of the financial statements