CHILDREN’S HOME OF WHEELING, INC.
STATEMENT OF FINANCIAL POSITION
JUNE 30, 2015
Cash and Cash Equivalents 33,233.00
Accounts Receivable
Medicaid 85,636.00
DHHR 69,062.00
DOE
Other 8,993.00
Total Accounts Receivable 163,691.00
Inventory 9,669.00
Prepaid Insurance 22,097.00
Other Prepaid Expenses 21,676.00
Workers Comp Deposit 9,797.00
Total Current Assets 260,163.00
Property and Equipment Buidings 5,666,937.00
Building Improvement 583,990.00
Furniture and Fixtures 1,214,252.00
Computers & Equipment 0.00
Vehicles 106,985.00
Leasehold Improvements 0.00
Land 275,892.00
Land Improvements 2,333,404.00
Accumulated
Depreciation (5,276,504.00)
Net Property and Equipment 4,904,956.00
TOTAL ASSETS 5,165,119.00 Accounts Payable 59,793.00
Accrued Payroll 94,953.00
Current Portion of Long
Term Debt 52,834.00
Total Current Liabilities 207,580.00
Note Payable-Wesbanco 932,939.00
Total Liabilities 1,140,519.00
Net Assets 4,024,600.00
TOTAL LIABILITIES
AND NET ASSETS 5,165,119.00
CHILDREN’S HOME OF WHEELING, INC.
STATEMENT OF REVENUES AND EXPENSES
FOR THE YEAR ENDED
JUNE 30, 2015
Medicaid 429,182.00
DHHR 746,583.00
D.O.E. 13,630.00
Donations and Grants 52,104.00
Rent 207,203.00
Other Revenue 4,677.00
Interest Income 42.00
Total Support and
Revenue 1,453,421.00
Payroll 748,389.00
Payroll Taxes 86,909.00
Pension 25,234.00
Hospitalization 125,510.00
Food 48,382.00
Clothing & Grooming 2,452.00
Supplies 22,865.00
Recreation 1,208.00
Allowances 665.00
Educational 407.00
Special Events 787.00
Transportation 7,996.00
Office Supplies 3,610.00
Dues and Subscriptions 1,558.00
Utilities 74,178.00
Telephone 6,000.00
Insurance 17,967.00
Repairs and Maintenance 48,525.00
Staff Education 1,393.00
Postage 457.00
Advertising 8,782.00
Outside Services 114,709.00
Holiday Party 2,673.00
Other 1,216.00
Bad Debt Expense 0.00
Interest 38,073.00
Total Expenses 1,389,945.00
Net Operating Income (loss) 63,476.00 Depreciation (217,957.00)
Administrative Overhead (169,395.00)
Foundation Grants 95,022.00
Net Income (Loss) (228,854.00)
The Children’s Home of Wheeling, Inc. is a non profit 501(c)(3) organization incorporated under the laws of the State of West Virginia. Details concerning the content of this ad, by provisions of the West Virginia code Section 16-5f-1 et seq., are available for inspection at the HCA office at 100 Dee Drive, Charleston, WV 25311. The Children’s Home of Wheeling, Inc. is a wholly owned subsidiary of Orchard Park Resources, Inc.
Int. Oct. 26, 2015
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