# ASC 220-958-55: Income Statement—Reporting Comprehensive Income — Not-for-Profit Entities — 55 Implementation Guidance and Illustrations

Source: FASB Accounting Standards Codification, Basic View

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## ASC 220-958-55: 55 Implementation Guidance and Illustrations

[Read section](https://asc.understandingaccounting.org/asc/220/958/#55-implementation-guidance-and-illustrations)

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##### [220-958-55-1](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-1)

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This Section, which is an integral part of the requirements of this Subtopic, provides general guidance to be used in the presentation of a statement of activities by a [not-for-profit entity](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") (NFP).

#### Implementation Guidance

##### [220-958-55-2](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-2)

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Entitywide totals are not necessary for individual line items of revenues, expenses, gains, or losses. Information about reasonably homogeneous components of revenues, such as [contributions](https://asc.understandingaccounting.org/glossary/c/#contribution "An unconditional transfer of cash or other assets, as well as unconditional promises to give, to an entity or a reduction, settlement, or cancellation of its liabilities in a voluntary nonreciprocal transfer by another entity acting other than as an owner. Those characteristics distinguish contributions from:Exchange transactions, which are reciprocal transfers in which each party receives and sacrifices approximately commensurate valueInvestments by owners and distributions to owners, which are nonreciprocal transfers between an entity and its ownersOther nonreciprocal transfers, such as impositions of taxes or legal judgments, fines, and thefts, which are not voluntary transfers. In a contribution transaction, the resource provider often receives value indirectly by providing a societal benefit although that benefit is not considered to be of commensurate value. In an exchange transaction, the potential public benefits are secondary to the potential direct benefits to the resource provider. The term contribution revenue is used to apply to transactions that are part of the entity's ongoing major or central activities (revenues), or are peripheral or incidental to the entity (gains). See also Inherent Contribution and Conditional Contribution.") without donor restrictions that are available to support current expenses and donor-restricted contributions that are restricted to acquiring land and buildings, generally is more meaningful than the aggregated total of those components.

##### [220-958-55-3](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-3)

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Disaggregated information that permits users of financial information to relate components of revenues to components of expenses also is often preferable to information provided by their aggregated amounts. For example, information that permits analysis of the levels of revenues from tuition in relation to expenses for instruction and other academic services and of revenues from room and board fees in relation to expenses for housing and food services generally is more meaningful than totals of aggregated items of revenues, such as student tuition and fees, or aggregated items of expenses, such as salaries, heat, electricity, or supplies. Those who prepare financial statements generally are best able to make judgments about the extent to which financial statements or notes to financial statements should provide disaggregated information about various items of revenues or expenses and this Subtopic need not limit those judgments.

#### Illustrations

##### [220-958-55-4](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-4)

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In addition to the following illustrations, guidance in paragraphs

[958-205-55-10 through 55-17](https://asc.understandingaccounting.org/asc/205/958/#205-958-55-10)

illustrates three formats of statements of activities. Paragraph [958-205-55-5](https://asc.understandingaccounting.org/asc/205/958/#205-958-55-5) provides the facts and transactions that are reflected in those illustrative statements.

##### [220-958-55-5](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-5)

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This Example illustrates a statement of revenues, expenses, and other changes in [net assets without donor restrictions](https://asc.understandingaccounting.org/glossary/n/#net-assets-without-donor-restrictions "The part of net assets of a not-for-profit entity that is not subject to donor-imposed restrictions (donors include other types of contributors, including makers of certain grants).") that subdivides all transactions and other events and circumstances to make an operating and nonoperating distinction pursuant to paragraphs

[958-220-45-9 through 45-12](https://asc.understandingaccounting.org/asc/220/958/#220-958-45-9)

. This Example uses part 1 of 2 of Format C in paragraph [958-205-55-15](https://asc.understandingaccounting.org/asc/205/958/#205-958-55-15) to show a measure of operations—change in net assets without donor restrictions from operations.

##### [220-958-55-6](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-6)

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The shaded areas depict the constraints imposed by this Subtopic and by generally accepted accounting principles (GAAP) to report appropriately labeled subtotals for changes in classes of [net assets](https://asc.understandingaccounting.org/glossary/n/#net-assets "The excess or deficiency of assets over liabilities of a not-for-profit entity, which is divided into two mutually exclusive classes according to the existence or absence of donor-imposed restrictions. See Net Assets with Donor Restrictions and Net Assets without Donor Restrictions.") before the effects of discontinued operating segments, if any. The unshaded areas depict areas within the statement for which there is latitude to sequence and classify items of revenues and expenses. Other formats also may be used. For example, the single-statement Format B approach of paragraph [958-205-55-14](https://asc.understandingaccounting.org/asc/205/958/#205-958-55-14) may be helpful in describing an NFP's ongoing major or central operations if that NFP's view of operating activities includes receiving donor-restricted revenues from contributions and investment income.

-   ![ ](https://asc.understandingaccounting.org/asc-img/GUID-96A5F614-8049-4F04-AC16-23592B024E8A-low.gif)
    
    Other Not-for-Profit Organization " Statement of Revenues, Expenses, and" Other Changes in Net Assets without Donor Restrictions " Year Ended June 30, 20X1" (in thousands) Operating revenues and support: Fees from providing services "$ X,XXX" Operating support "X,XXX" Net assets released from restrictions " X,XXX" Total operating revenues and support "XX,XXX" Operating expenses: Programs "XX,XXX" Management and general "X,XXX" Fund raising " X,XXX" Total operating expenses " XX,XXX" Change in net assets from operations "X,XXX" Other changes: \[Items considered to be nonoperating\] "X,XXX" Change in net assets before effects of discontinued operating segments "XX,XXX" Discontinued operations "X,XXX" Change in net assets "XX,XXX" Net assets at beginning of year "XXX,XXX" Net assets at end of year "$XXX,XXX"

##### [220-958-55-7](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-7)

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This Example illustrates the application of paragraph [958-205-45-5](https://asc.understandingaccounting.org/asc/205/958/#205-958-45-5), as generally accepted accounting principles (GAAP) requires the display of an appropriately labeled subtotal for change in a class of net assets before the effects of a discontinued operation (see paragraph [205-20-45-1A](https://asc.understandingaccounting.org/asc/205/20/#205-20-45-1A)). For instance, using the columnar format, a statement of activities would report the effects of a discontinued operation as follows.

-   ![ ](https://asc.understandingaccounting.org/asc-img/GUID-C9F8BCB8-608A-44FB-81B6-0534916253DC-low.gif)
    
    Without Donor Restrictions With Donor Restrictions Total Change in net assets before discontinued operations " $11,558 " " $3,892 " " $15,450 " Discontinued operations (Note X) XXX XXX XXX Change in net assets " $ XX,XXX " " $ X,XXX " " $ XX,XXX "

##### [220-958-55-8](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-8)

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This Example provides three possible methods of displaying fundraising efforts in the revenue section of the statement of activities, while still conforming to the requirements of paragraph [958-605-45-10](https://asc.understandingaccounting.org/asc/605/958/#605-958-45-10). Methods 2 and 3 display the total amounts raised.

##### [220-958-55-9](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-9)

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Entity A raises $6,000 of [contributions](https://asc.understandingaccounting.org/glossary/c/#contribution "An unconditional transfer of cash or other assets, as well as unconditional promises to give, to an entity or a reduction, settlement, or cancellation of its liabilities in a voluntary nonreciprocal transfer by another entity acting other than as an owner. Those characteristics distinguish contributions from:Exchange transactions, which are reciprocal transfers in which each party receives and sacrifices approximately commensurate valueInvestments by owners and distributions to owners, which are nonreciprocal transfers between an entity and its ownersOther nonreciprocal transfers, such as impositions of taxes or legal judgments, fines, and thefts, which are not voluntary transfers. In a contribution transaction, the resource provider often receives value indirectly by providing a societal benefit although that benefit is not considered to be of commensurate value. In an exchange transaction, the potential public benefits are secondary to the potential direct benefits to the resource provider. The term contribution revenue is used to apply to transactions that are part of the entity's ongoing major or central activities (revenues), or are peripheral or incidental to the entity (gains). See also Inherent Contribution and Conditional Contribution."), $100 of other support, and $4,000 accounted for as [agent](https://asc.understandingaccounting.org/glossary/a/#agent "An entity that acts for and on behalf of another. Although the term agency has a legal definition, the term is used broadly to encompass not only legal agency, but also the relationships described in Topic 958. A recipient entity acts as an agent for and on behalf of a donor if it receives assets from the donor and agrees to use those assets on behalf of or transfer those assets, the return on investment of those assets, or both to a specified beneficiary. A recipient entity acts as an agent for and on behalf of a beneficiary if it agrees to solicit assets from potential donors specifically for the beneficiary's use and to distribute those assets to the beneficiary. A recipient entity also acts as an agent if a beneficiary can compel the recipient entity to make distributions to it or on its behalf."), [trustee](https://asc.understandingaccounting.org/glossary/t/#trustee "An entity that has a duty to hold and manage assets for the benefit of a specified beneficiary in accordance with a charitable trust agreement. In some states, not-for-profit entities (NFPs) are organized under trust law rather than as corporations. Those NFPs are not trustees as defined because, under those statutes, they hold assets in trust for the community or some other broadly described group, rather than for a specific beneficiary."), or [intermediary](https://asc.understandingaccounting.org/glossary/i/#intermediary "Although in general usage the term intermediary encompasses a broad range of situations in which an entity acts between two or more other parties, in this usage, it refers to situations in which a recipient entity acts as a facilitator for the transfer of assets between a potential donor and a potential beneficiary (donee) but is neither an agent or trustee nor a donee and donor.") transactions because donors have specified beneficiaries without granting [variance power](https://asc.understandingaccounting.org/glossary/v/#variance-power "The unilateral power to redirect the use of the transferred assets to another beneficiary. A donor explicitly grants variance power if the recipient entity's unilateral power to redirect the use of the assets is explicitly referred to in the instrument transferring the assets. Unilateral power means that the recipient entity can override the donor's instructions without approval from the donor, specified beneficiary, or any other interested party."). Of the $4,000 accounted for as agent, trustee, or intermediary transactions, Entity A pays out $3,600 to specified beneficiaries and retains $400 as its administrative fee.

##### [220-958-55-10](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-10)

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Each of the methods reports Entity A's revenues ($6,500) in a way that is both easily understood by users of the financial statements and representationally faithful.

-   ![ ](https://asc.understandingaccounting.org/asc-img/GUID-78EA70F9-5C41-40AB-B00E-EEE3144FE98D-low.gif)
    
    Method 1 Contributions " $6,000 " Other support 100 Total support " 6,100 " Administrative fees retained on amounts designated by donors for specific organizations 400 Total support and revenue " $6,500 " Method 2 Contributions " $6,000 " Other support 100 Total support " 6,100 " Other revenue: Amounts designated by donors for specific organizations " $4,000 " Less: Amounts held for or remitted to those organizations " 3,600 " Administrative fees retained on amounts designated by donors for specific organizations 400 Total support and revenue " $6,500 " Method 3 Total amounts raised (a) " $10,000 " Less: Amounts designated by donors for specific organizations " 4,000 " Total contributions " 6,000 " Other revenue: Other support 100 Administrative fees retained on amounts designated by donors for specific organizations 400 Total support and revenue " $6,500 " (a) "Other terms, such as campaign results or campaign efforts, may be used."

##### [220-958-55-11](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-11)

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This Example illustrates the guidance in paragraph [958-220-45-19](https://asc.understandingaccounting.org/asc/220/958/#220-958-45-19). It provides three possible methods to display in the statement of activities a special event that is an ongoing and major activity.

##### [220-958-55-12](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-12)

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Cases A, B, and C share the following assumptions:

1.  a
    
    Not-for-Profit Entity B (NFP B) has a special event that is an ongoing and major activity with ticket revenue of $100.
    
2.  b
    
    The activity does not meet the audience criterion in paragraphs
    
    [958-720-45-48 through 45-49](https://asc.understandingaccounting.org/asc/720/958/#720-958-45-48)
    
    , and, therefore, all costs of the activity, other than the direct donor benefits, should be reported as fundraising.
    
3.  c
    
    The event includes a dinner that costs NFP B $25 and that has a fair value of $30.
    
4.  d
    
    In addition, NFP B incurs other direct costs of the event of $15 in connection with promoting and conducting the event, including incremental direct costs incurred in transactions with independent third parties and the payroll and payroll-related costs for the activities of employees who are directly associated with, and devote time to, the event. These other direct costs have been included in fundraising expenses. The other direct costs are unrelated to the direct benefits to donors and, accordingly, should not be included as costs of benefits to donors. The other direct costs include $5 that otherwise might be considered management and general costs if they had been incurred in a different activity, and fundraising costs of $10.
    
5.  e
    
    In addition, NFP B has all of the following transactions, which are unrelated to the special event:
    
    1.  1
        
        [Contributions](https://asc.understandingaccounting.org/glossary/c/#contribution "An unconditional transfer of cash or other assets, as well as unconditional promises to give, to an entity or a reduction, settlement, or cancellation of its liabilities in a voluntary nonreciprocal transfer by another entity acting other than as an owner. Those characteristics distinguish contributions from:Exchange transactions, which are reciprocal transfers in which each party receives and sacrifices approximately commensurate valueInvestments by owners and distributions to owners, which are nonreciprocal transfers between an entity and its ownersOther nonreciprocal transfers, such as impositions of taxes or legal judgments, fines, and thefts, which are not voluntary transfers. In a contribution transaction, the resource provider often receives value indirectly by providing a societal benefit although that benefit is not considered to be of commensurate value. In an exchange transaction, the potential public benefits are secondary to the potential direct benefits to the resource provider. The term contribution revenue is used to apply to transactions that are part of the entity's ongoing major or central activities (revenues), or are peripheral or incidental to the entity (gains). See also Inherent Contribution and Conditional Contribution.") without donor restrictions of $200
        
    2.  2
        
        Program expenses of $60
        
    3.  3
        
        Management and general expenses of $20
        
    4.  4
        
        Fundraising expenses of $20.

##### [220-958-55-13](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-13)

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NFP B may report the gross revenues of special events and other fundraising activities with the cost of direct benefits to donors (meals and facilities rental) displayed as a line item deducted from the special event revenues, as follows:

-   ![ ](https://asc.understandingaccounting.org/asc-img/GUID-C4FA10CF-606E-422D-84B2-D6CE269F4806-low.gif)
    
    Changes in net assets without donor restrictions: Contributions $200 Special event revenue 100 Less: Costs of direct benefits to donors (25) Net revenues from special events 75 Contributions and net revenues from special events 275 Other expenses: Program 60 Management and general 20 Fundraising 35 Total other expenses 115 Increase in net assets without donor restrictions $160

##### [220-958-55-14](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-14)

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NFP B may report the gross revenues of special events and other fundraising activities with the cost of direct benefits to donors (meals and facilities rental) displayed in the same section of the statement of activities as are other programs or supporting services and allocated, if necessary, among those various functions, as follows:

-   ![ ](https://asc.understandingaccounting.org/asc-img/GUID-79DC0A7B-3F76-4B18-9347-9DA8245F64A0-low.gif)
    
    Changes in net assets without donor restrictions: Revenues: Contributions $200 Special event revenue 100 Total revenues 300 Expenses: Program 60 Costs of direct benefits to donors 25 Management and general 20 Fundraising 35 Total other expenses 140 Increase in net assets without donor restrictions $160

##### [220-958-55-15](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-15)

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NFP B may report the gross revenue from special events and other fundraising activities as part exchange (for the fair value the participant received) and part contribution (for the excess of the payment over that fair value), as follows:

-   ![ ](https://asc.understandingaccounting.org/asc-img/GUID-1E253B69-3788-4FDF-A1B4-523AEF50DCB9-low.gif)
    
    Changes in net assets without donor restrictions: Contributions $270 Dinner sales 30 Less: Costs of direct benefits to donors (25) Gross profit on special events 5 Contributions and net revenues from special events 275 Other expenses: Program 60 Management and general 20 Fundraising 35 Total other expenses 115 Increase in net assets without donor restrictions $160

##### [220-958-55-16](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-16)

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This Example illustrates the disclosures required in accordance with paragraph [958-220-50-1(a) through (aa)](https://asc.understandingaccounting.org/asc/220/958/#220-958-50-1) if an entity elects to present a measure of operations. It provides a case in which the disclosures are apparent on the face of the statement of activities and a case in which the disclosures are provided in the notes to the financial statements. There are multiple ways in which an NFP could present this information. The cases provided are two alternatives presented for illustration purposes.

##### [220-958-55-17](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-17)

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The following Case is an example of a statement of activities of Not-for-Profit Entity A (NFP A) in which the disclosures required in paragraph [958-220-50-1(a) through (aa)](https://asc.understandingaccounting.org/asc/220/958/#220-958-50-1) are apparent from the details provided on the face of the statement of activities. This Case illustrates one way in which an NFP can present governing board actions on a statement of activities and is not meant to be prescriptive of a specific format.

-   ![ ](https://asc.understandingaccounting.org/asc-img/GUID-1A6E526D-618D-4027-8972-4A1595925F81-low.gif)
    
    Not-for-Profit Entity A Statement of Activities "Year Ended June 30, 20X1" Without Donor Restrictions With Donor Restrictions Total "Operating revenues, gains, and other support:" Contributions " $X,XXX " " $ X,XXX " " $XX,XXX " Less: Contributions designated by board for capital projects " (3,000)" " (3,000)" Contributions and bequests designated by board for quasi-endowment " (5,000)" " (5,000)" Investment returns appropriated from quasi-endowment " 1,025 " " 1,025 " Fees " X,XXX " " X,XXX " Programmatic investing return XX XX Other XXX XXX Net assets released from restrictions Investment return appropriated and released for current operations from donor-restricted endowment " X,XXX " " (X,XXX) " \[Other net assets released from restrictions\] " X,XXX " " (X,XXX) " "Total operating revenues, gains, and other support" " XX,XXX " " X,XXX " " XX,XXX " Operating expenses: Program A " XX,XXX " Program B " X,XXX " Program C " X,XXX " Management and general " X,XXX " Fundraising " X,XXX " Total operating expenses " XX,XXX " " XX,XXX " Operating revenues and support in excess of operating expenses " XX,XXX " " X,XXX " " X,XXX " "Investment return, net" " X,XXX " " XX,XXX " " XX,XXX " \[Other items considered to be nonoperating\] " X,XXX " " X,XXX " " X,XXX " Investment returns appropriated for current operations from quasi-endowment " (1,025)" " (1,025)" Contributions designated by board for capital projects " 3,000 " " 3,000 " Contributions and bequests designated by board for quasi-endowment " 5,000 " " 5,000 " Loss on extinguishment of debt " (X,XXX) " " (X,XXX) " Change in fair value of interest rate swap " X,XXX " " X,XXX " Change in net assets " $XX,XXX " " $ X,XXX " " $XX,XXX "

##### [220-958-55-18](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-18)

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Source downloaded (UTC): 2026-09-09T23:07:32.842Z to 2026-09-09T23:07:32.842Z

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The following Case is an example of a statement of activities of NFP A in which the disclosures required in paragraph [958-220-50-1(a) through (aa)](https://asc.understandingaccounting.org/asc/220/958/#220-958-50-1) are not apparent from the details provided on the face of the statement of activities.

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    Not-for-Profit Entity A Statement of Activities "Year Ended June 30, 20X1" Without Donor Restrictions With Donor Restrictions Total "Operating revenues, gains, and other support:" Contributions " $X,XXX " " $ X,XXX " " $XX,XXX " Fees " X,XXX " " X,XXX " Programmatic investing return XX XX Other XXX XXX Net assets released from restrictions Investment return appropriated and released for current operations from donor-restricted endowment " X,XXX " " (X,XXX) " \[Other net assets released from restrictions\] " X,XXX " " (X,XXX) " "Total operating revenues, gains, and other support" " XX,XXX " " X,XXX " " XX,XXX " Operating expenses: Program A " XX,XXX " Program B " X,XXX " Program C " X,XXX " Management and general " X,XXX " Fundraising " X,XXX " Total operating expenses " XX,XXX " " XX,XXX " Net transfer of funds from operations " (6,975)" " (6,975)" Operating revenues in excess of operating expenses and transfers " XX,XXX " " X,XXX " " XX,XXX " Other changes: "Investment return, net" " X,XXX " " X,XXX " " X,XXX " Contributions " X,XXX " " X,XXX " Other " X,XXX " " X,XXX " Net transfer of funds to operations " 6,975 " " 6,975 " Change in net assets " $XX,XXX " " $ X,XXX " " $XX,XXX "

##### [220-958-55-19](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-19)

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Source downloaded (UTC): 2026-09-09T23:07:32.842Z to 2026-09-09T23:07:32.842Z

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NFP A would add the following illustrative text to its note to financial statements that describes the nature of the reported measure of operations or the items excluded from operations and provides an appropriate disaggregation and description by type of internal board designations, appropriations, and similar actions.

-   Measure of Operations
    
-   NFP A's operating revenues in excess of expenses and transfers include all operating revenues and expenses that are an integral part of its programs and supporting activities, net assets released from donor restrictions to support operating expenditures, and transfers from Board-designated and other nonoperating funds to support current operating activities. The measure of operations includes support for operating activities from both donor-restricted net assets and net assets without donor restrictions designated for long-term investment (the donor-restricted and quasi-endowment) according to NFP A's spending policy, which is detailed in Note X. The measure of operations excludes investment return in excess of (less than) amounts made available for current support, gains and losses on extinguishment of debt, and changes in fair value of the interest rate swap. Included in the line items _net transfer of funds to operations_ and _net transfer of funds from operations_ is investment return appropriated from quasi-endowment to operations of $1,025, contributions designated by the Board of Trustees for capital projects from operations of $3,000, and contributions and bequests designated by the Board of Trustees for quasi-endowment from operations of $5,000.

##### [220-958-55-20](https://asc.understandingaccounting.org/asc/220/958/#220-958-55-20)

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Source downloaded (UTC): 2026-09-09T23:07:32.842Z to 2026-09-09T23:07:32.842Z

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The following is an Example of a statement of activities in which NFP A presents net investment return in separate, appropriately labeled line items in accordance with paragraph [958-220-45-14](https://asc.understandingaccounting.org/asc/220/958/#220-958-45-14). In this Example, NFP A presents net investment return in two separate line items to distinguish net investment return appropriated for current operations from net investment return for use in future periods. There may be other cases in which an NFP may present net investment return in separate line items in accordance with paragraph [958-220-45-14](https://asc.understandingaccounting.org/asc/220/958/#220-958-45-14).

-   ![ ](https://asc.understandingaccounting.org/asc-img/GUID-77A20D98-DE95-40C0-8E82-7BA6F019998A-low.gif)
    
    Not-for-Profit Entity A Statement of Activities "Year Ended June 30, 20X1" Without Donor Restrictions With Donor Restrictions Total "Operating revenues, gains, and other support:" Contributions " $X,XXX " " $ X,XXX " " $XX,XXX " Other XXX XXX "Investment return, net, appropriated for spending" " X,XXX " "X,XXX" " X,XXX " Net assets released from restrictions "X,XXX" "(X,XXX)" "Total operating revenues, gains, and other support" " XX,XXX " " X,XXX " " XX,XXX " Operating expenses "XX,XXX" "XX,XXX" "Total operating revenues, gains, and other support in excess of operating expenses" " XX,XXX " "X,XXX" " XX,XXX " Other changes: "Investment return, net, in excess of amounts appropriated for spending" " X,XXX " " X,XXX " " X,XXX " Other " X,XXX " " X,XXX " Change in net assets " $XX,XXX " " $ X,XXX " " $XX,XXX "