REDWOOD COMMUNITY ACTION AGENCY, INC.AUDITED FINANCIAL STATEMENTSFOR THE YEAR ENDED DECEMBER 31, 2003IZABAL, BERNACIAK & COMPANYCERTIFIED PUBLIC ACCOUNTANTSREDWOOD COMMUNITY ACTION AGENCY, INC.AUDITED FINANCIAL STATEMENTSAND SUPPLEMENTARY INFORMATIONFOR THE YEAR ENDED DECEMBER 31, 2003TABLE OF CONTENTSPageAUDITED FINANCIAL STATEMENTSIndependent Auditor's Report ............................................................................................. 1Statement of Financial Position.......................... 2Statement of Activities......................................... 3Statement of Cash Flows.... 4Notes to Financial Statements.......................................................................................5-14IZABAL, BERNACIAK & COMPANYCERTIFIED PUBLIC ACCOUNTANTSINDEPENDENT AUDITOR'S REPORTBoard of DirectorsRedwood Community Action Agency, Inc.Eureka, CaliforniaWe have audited the accompanying statement of financial position of RedwoodCommunity Action Agency, Inc. as of December 31, 2003 and the related statements ofactivities and cash flows for the year then ended. These financial statements are theresponsibility of Redwood Community Action Agency, Inc.'s management. Ourresponsibility is to express an opinion on these financial statements based on our audit.We conducted our audit in accordance with auditing standards generally accepted in theUnited States of America, Government Auditing Standards, issued by the ...
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