Ohio

Public Notice

LEGAL ADVERTISEMENT
The St. John’s/St. Vincent’s Home for Children, Inc., a private, non-profit organization, 501(c)(3), owned by the Roman Catholic Diocese of Wheeling-Charleston, pursuant to WV Code 16-5F-1, et. seq. and WV C.S.R. 65-13-3, hereby submits a financial disclosure requirement for the FY ending 6/30/15. All information is available for public inspection and copying at the Health Care Cost Review Authority, 100 Dee Drive, Charleston, WV 25311.

STATEMENTS OF FINANCIAL POSITION

ASSETS:
Current Assets:
Unrestricted cash $500,953
Restricted Cash $8,548
Total cash and cash equivalents $509,501
Account Receivable net $122,133
Other Receivables $13,764
Prepaids $16,190
Investments at Fair Market Value $6,025
Property & Equipment, net $1,499,647

Total Current Assets $2,167,260

LIABILITIES:
Current Liabilities:
Accounts payable $11,285
Accrued expenses $13,418

Total current liabilities $24,703

Net assets:
Unrestricted
Undesignated $1,779,767
Board Designated $354,242

Total Unrestricted $2,134,009
Temporarily restricted $8,548

Total net assets $2,142,557

Total liabilities and net assests $2,167,260

STATEMENT OF ACTIVITIES

SUPPORT:
Government revenue and support $869,839
Diocese of Wheeling-Charleston $174,000
Rental Income $19,200
Contributions $152,315
Grants $18,001
Fundraising income $14,360
Interest Revenue $10,718
Royalty Revenue $392
Unrealized Gain $1,037
Loss from disposal of assets $(413)
Miscellaneous $10,987

TOTAL SUPPORT AND REVENUE $1,270,436
Net assets released from restrictions $14,243

FUNCTIONAL EXPENSES:
Program Services $864,612
Management and general expenses $170,711
Fundraising $68,068

TOTAL FUNCTIONAL EXPENSES $1,103,391

INCREASE IN NET ASSETS $167,045

NET ASSETS, BEGINNING OF YEAR $1,975,512

NET ASSETS, END OF YEAR $2,142,557

STATEMENT OF CASH FLOWS

Cash Flows from Operating Activities:
Increase in net assets $167,045
Adjustments to reconcile increase in net
assets to net cash provided by operating
activities:
Depreciation $72,733
Loss on Disposal of property
& equipment $413
Unrealized gain on investment $(1.037)
(Increase) decrease in operating
assets:
Accounts receivable $(33,921)
Other receivables $4,458
Prepaids $18,146
Increase (decrease) in operating liabilities:
Accounts payable $(759)
Accrued expenses $2,533

Net cash provided by operating activities $229,611

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment $(35,313)

Net cash used by investing activities $(35,313)

CASH FLOWS FROM FINANCING ACTIVITIES:
payment on long-term debt $(70,080)

Net cash provided (used) by financing
activities $(70,080)

Increase in cash $124,218

CASH BEGINNING OF YEAR $385,283

CASH & RESTRICTED CASH,
END OF YEAR $509,501

SUPPLEMENTAL INFORMATION
Interest Paid $1,394
Intelligencer Nov. 28, 2016

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