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Redwood City Improvement Association <br />Statement of Financial Position <br />November 30, 2024 and 2023 <br />2024 2023 <br />Assets <br />Current assets <br />Cash and cash equivalents 622,727$ 462,066$ <br />Noncurrent assets <br />Property and equipment 388,358 388,358 <br />Less accumulated depreciation (382,391) (377,002) <br /> Total noncurrent assets 5,967 11,356 <br />Total assets 628,694$ 473,422$ <br />Liabilities <br />Total liabilities -$ -$ <br />Net Assets <br />Without donor restrictions 628,694 473,422 <br /> Total liabilities and net assets 628,694$ 473,422$ <br />The accompanying notes are an integral part of these financial statements <br />2 <br />8.A. - Page 24 of 33 <br />36