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6.C. - Page 32 of 124 <br />REDWOOD CITY IMPROVEMENT ASSOCIATION <br />(A California Nonprofit Corporation) <br />STATEMENT OF ACTIVITIES <br />FOR THE YEAR ENDED NOVEMBER 30, 2018 <br />WITH COMPARATIVE TOTALS FOR THE YEAR ENDED NOVEMBER 30, 2017 <br />Temporarily Total Total <br />Unrestricted Restricted 2018 2017 <br />SUPPORT AND REVENUE <br />Contributions $ - $ - $ - $ 1,000 <br />Governmental grants - 898,392 898,392 899,040 <br />Net assets released from restrictions 898,392 (898,392) - - <br />Total Support and Revenue 898,392 - 898,392 900,040 <br />EXPENSES <br />Program services <br />Administration and corporate operations <br />Contingency, city and county fees <br />District identity and signage <br />Parking management <br />Sidewalk operations and beautification <br />Depreciation <br />Management and general <br />Management and oversight <br />Total Expenses <br />CHANGE IN NET ASSETS <br />Net Assets, Beginning of Year <br />Net Assets, End of Year <br />12,970 <br />- 12,970 <br />4,950 <br />1,018 <br />- 1,018 <br />7,000 <br />144,999 <br />- 144,999 <br />109,346 <br />29,950 <br />- 29,950 <br />19,770 <br />315,238 <br />- 315,238 <br />362,157 <br />77,099 <br />- 77,099 <br />69,839 <br />134,999 <br />- 134,999 <br />131,022 <br />716,273 <br />- 716,273 <br />704,084 <br />182,119 <br />- 182,119 <br />195,956 <br />660,121 <br />- 660,121 <br />464,165 <br />$ 842,240 $ <br />- $ 842,240 $ <br />660,121 <br />See the accompanying notes to financial statements. <br />3 <br />238 <br />