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SANTA ANA EMPOWERMENT CORPORATION <br />Statements of Activities <br />Years Ended June 30, 2010 and 2009 <br />2010 <br />Unrestricted net assets: <br />Revenue and support: <br />Empowerment Zone grant $ 2,780,246 <br />Program income - <br />Total revenue and support <br />Expenses: <br />Program services <br />Management and general <br />Total expenses <br />Change in net assets <br />Net assets, beginning of year <br />Net assets, end of yeas <br />See Accompanying Notes to the Financial Statements. <br />2009 <br />$ 1,385,243 <br />1,571 <br />2,780,246 1,386,814 <br />2,151,741 <br />628,505 <br />2,780,246 <br />716,534 <br />687,566 <br />1,404,100 <br />(17,286) <br />17,286 <br />4 <br />19C-12