EMS, Inc., DBA The Elkins Mountain Schools is a non-stock, not for profit corporation which operates treatment programs for youth with challenging behavior in Elkins, WV. The youth are provided with shelter, food, clothing, educations and behavioral health services. The details concerning the contents of this advertisement, together with other reports, statements and schedules required to be filed are available for public inspection and copying at the office of the West Virginia Health Care Authority, 100 Dee Drive, Charleston, WV 25311.
EMS, INC
DBA ELKINS MOUNTAIN SCHOOLS
STATEMENT OF FINANCIAL POSITION
June 30, 2016
ASSETS
Current Assets
Cash 972,895
Accounts Receivable, net 714,973
Prepaid Expenses 47,955
Total Current Assets 1,735,823
Property and Equipment, net 2,040,713
Other Assets
Deposits 10,425
Total Other Assets 10,425
Total Assets 3,786,961
LIABILITIES AND NET ASSETS
Current Liabilities
Accounts Payable and Accrued Expense 399,374
Payroll Taxes Payable 19,719
Accrued Payroll 117,535
Total Current Liabilities 536,627
Net Asset
Unrestricted 3,250,334
TOTAL LIABILITIES AND NET ASSETS 3,786,961
STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED JUNE 30, 2016
REVENUES AND SUPPORT
Federal Financial Assistance 118,101
Medicaid service fees 3,059,453
Grants and Contractual Fees 3,628,149
Interest and Other Income 8,402
Total Revenue and Support 6,814,105
EXPENSES
Program Services
Residential Level III Program 3,884,753
Residential Level II Program 942,298
Community Services 229,884
Support Services
Maintenance 474,368
Cafeteria 427,268
Management and General 751,972
Total Expenses 6,710,543
Change in Net Assets 103,562
NET ASSETS AT THE BEGINNING OF YEAR 3,146,772
NET ASSETS AT THE END OF THE YEAR 3,250,334
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