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Redwood City Improvement Association
<br />Statement of Activities
<br />Year Ended November 30, 2024
<br />With Comparative Totals for the Year Ended November 30, 2023
<br />2023
<br />Without donor
<br />Restrictions
<br />With donor
<br />Restrictions Total Total
<br />Support and Revenue
<br />Government grant -$ 1,063,856$ 1,063,856$ 827,072$
<br />Net assets released from restrictions 1,063,856 (1,063,856) - -
<br /> Total support and revenue 1,063,856 - 1,063,856 827,072
<br />Expenses
<br />Program services
<br /> Administration and corporate operations 7,638 - 7,638 -
<br /> Contingency, city and county fees 6,982 - 6,982 53,234
<br /> District identity and signage 202,145 - 202,145 249,631
<br /> Parking management 1,814 - 1,814 43,517
<br /> Sidewalk operations and beautification 479,441 - 479,441 443,894
<br /> Depreciation 5,389 - 5,389 11,152
<br />Management and general
<br /> Management and oversight 205,175 - 205,175 157,272
<br /> Total expenses 908,584 - 908,584 958,701
<br />Change in net assets 155,272 - 155,272 (131,629)
<br />Net assets, beginning of year 473,422 - 473,422 605,051
<br />Net assets, end of year 628,694$ -$ 628,694$ 473,422$
<br />2024
<br />The accompanying notes are an integral part of these financial statements
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