ANNUAL REPORT
TRY-AGAIN HOMES, INCORPORATED
(A WEST VIRGINIA CORPORATION)
Try-Again Homes, Incorporated is a non-stock, not-for profit corporation, which operates child placing and behavioral health facilities in Fairmont, and Parkersburg, West Virginia.
The details concerning the contents of this advertisement, together with the 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 Cost Review Authority, 100 Dee Drive, Charleston, WV 25311.
STATEMENT OF FINANCIAL POSITION
ASSETS
CURRENT ASSETS
Cash on hand and in bank 223,555
Accounts receivable 150,436
Prepaid expenses 5,584 379,575
FIXED ASSETS
Furniture & equipment 34,329
Buildings 468,214
502,543
Less: accumulated depreciation (410,776) 91,767
TOTAL ASSETS 471,342
LIABILITIES AND FUND BALANCES
CURRENT LIABILITIES
Accounts payable and other accrued expenses 90,304
Accrued payable- parent organization 28,960
Accounts payable-afiliate organization 83,548
Liability for payroll taxes & related withholdings 675
Salaries payable 23,231
Accrued employee benefits 18,192
Deferred revenue 27,235 272,145
NET ASSETS
Unrestricted:
Undesignated 107,430
Invested in fixed assets 91,767 199,197
TOTAL LIABILITIES AND NET ASSETS 471,342
STATEMENT OF ACTIVITIES
UNRESTRICTED NET ASSETS
PUBLIC SUPPORT:
Contributions 12,921
REVENUES:
West Virginia Department of Health & Human Resources 1,634,923
Medicaid reimbursements 65,622
Interest income 207 1,700,752
TOTAL UNRESTRICTED SUPPORT & REVENUE 1,5713,673
NET ASSETS RELEASED FROM RESTRICTIONS
Restrictions satisfied by payments —
TOTAL UNRESTRICTED SUPPORT AND RECLASSIFICATION 1,713,673
FUNCTIONAL EXPENSES
PROGRAM SERVICES:
Parkersburg Foster Care 975,686
Fairmont Foster Care 588,677 1,564,363
SUPPORTIVE SERVICES
Administration 114,459
P.R. and development 1,776 116,235
TOTAL FUNCTIONAL EXPENSES 1,680,598
INCREASE (DECREASE) IN NET ASSETS 33,075
TEMPORARILY RESTRICTED NET ASSETS
Support – restricted by donor —
Net assets released from restrictions: —
Restrictions satisfied by payments — —
INCREASE (DECREASE) IN NET ASSETS 33,075
NET ASSETS AT BEGINNING OF YEAR 166,122
NET ASSETS AT END OF YEAR 199,197
Mar 5