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ANNUAL REPORT TRY-AGAIN HOMES, INCORPORATED

 

ANNUAL REPORT

TRY-AGAIN HOMES, INCORPORATED

(A PENNSYLVANIA CORPORATION)

Community Action Southwest. is a non-stock, not-for profit corporation, incorporated in Pennsylvania. Community Action Southwest operates child placing and behavioral health facilities in Fairmont and Parkersburg, West Virginia. Community Action Southwest also operates various Social Services programs in Pennsylvania.

 

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                                               3,350,101

Grants, Fees and Other Receivables                                1,689,485

Inventory                                                                               40,700

Prepaid Expenses                                                               184,596

Current portion of Notes Receivable                                      40,273      5,305,155

PROPERTY AND EQUIPMENT

Property & equipment – net                                               2,600,632      2,600,632

OTHER ASSETS

Notes Receivable                                                                290,352

Endowments                                                                         28,478         318,830

TOTAL ASSETS                                                                                                8,224,617

LIABILITIES AND FUND BALANCES

     CURRENT LIABILITIES

Accounts payable                                                                741,676

Accrued and withheld expenses                                          637,290

Deferred Revenue                                                               397,443      1,776,409

     NET ASSETS

Unrestricted:

Undesignated                                                             6,419,730

Permanently restricted                                                      28,478      6,448,208

TOTAL LIABILITIES AND NET ASSETS                                                            8,224,617

STATEMENT OF ACTIVITIES

UNRESTRICTED NET ASSETS

     REVENUES:

West Virginia Department of Heath & Human Resources         1,631,813

Medicaid reimbursements                                                             87,285

Grants from governmental agencies                                      16,774,320

Program service fees                                                                 403,801

Contributions and private grants                                                132,260

Special Events                                                                             99,394

Interest income                                                                            21,171

Other income                                                                               38,084

lnkind contributions                                                                    294,169    19,482.297

TOTAL UNRESTRICTED SUPPORT & REVENUE                                19,482,297

NET ASSETS RELEASED FROM RESTRICTIONS

Restricitons satisfied by payments                                                                               —

TOTAL UNRESTRICTED SUPPORT AND RECLASSIFICATION           19,482,297

FUNCTIONAL EXPENSES

PROGRAM SERVICES:

Parkersburg Foster Care                                                            985,646

Fairmont Foster Care                                                                 535,438

Education services                                                                  9,541,461

Senior services                                                                          663,464

Family economic success                                                        1,426,358

Nutrition services                                                                        753,671

Try Again Homes                                                                    3,238,272    17,144,310

SUPPORTIVE SERVICES

Management and general                                                       1,980,693

Fundraising                                                                                  47,970      2,028,663

TOTAL FUNCTIONAL EXPENSES                                                       19,172,973

INCREASE (DECREASE) IN NET ASSETS

Increase In Unrestricted Net Assets                                           309,324         309,324

Decrease In Permanently Restricted Net Assets                              (204)              (204)

INCREASE (DECREASE) IN NET ASSETS                                                           309,120

NET ASSETS AT BEGINNING OF YEAR                                                           6,139,088

NET ASSETS AT END OF YEAR                                                                       6,448,208

 

 

Mar 27