ALTERNATIVE HOME HEALTH, INC.
280 EAST MAIN ST., ST. CLAIRSVILLE, OH 43950
Phone: (740) 699-7000 – Fax: (740) 699-7020
BALANCE SHEET
AS OF MARCH 31, 2016
CURRENT ASSETS:
Cash Checking $0
Accounts Receivable (net) 508,563
Prepaid expense & other current assets 32,144
TOTAL CURRENT ASSETS 540,707
FIXED ASSETS:
Furniture & equipments (net of depreciation) 35,841
OTHER ASSETS:
Deposits 750
Intangibles 445,000
TOTAL ASSETS $1,022,298
CURRENT LIABILITIES:
Payables & accrued liabilities $188,976
Line of Credit 124,190
Cash Overdraft 4,860
Deferred Revenue 35,665
TOTAL CURRENT LIABILITIES 353,691
LONG TERM LIABILITIES:
Long term loan & notes payable 314,208
STOCKHOLDER’S EQUITY 354,399
TOTAL LIABILITIES &
STOCKHOLDER’S EQUITY $1,022,298
STATEMENT OF REVENUE & EXPENSE
FOR THE YEAR ENDED MARCH 31, 2016
REVENUES:
Gross Patient Revenue $2,914,438
Contractual Adjustment (509,761)
Other Income 1,537
TOTAL REVENUE 2,406,214
EXPENSES:
Salaries 1,651,381
Payroll Tax & Employee Benefits 261,529
Purchased Service 5,650
Medical Supplie 11,479
Other Administrative & General 458,708
TOTAL OPERATING EXPENSES 2,388,747
NET INCOME (LOSS) $17,467
STATEMENT OF CHANGES
IN RETAINED EARNINGS
FOR THE YEAR ENDED MARCH 31, 2016
Beginning retained earnings $129,850
Net income for the year 17,467
Capital contribution 0
Distribution to the shareholder 0
ENDING RETAINED EARNINGS $147,317
STATEMENT OF OWNERSHIP
Capital Stock:
The Company is privately held “For profit Ohio S Corporation”. 100{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} of the outstanding shares is held by: SHEILA SMITH.
During the year ended on March 31, 2016, the
company distributed $0 of dividend to
its sole shareholder.
NOTICE
The contents of this advertisement along with other reports and documents shall be available for public inspection and copying at the office of the West Virginia Health Authority, 100 Dee Drive, Suite 201, Charleston, WV 25311, during normal business hours (9:00 a.m. to 5:00 p.m.), Monday-Friday, or inquiries in writing to: James T. Ragland or J. Michael Cook, P.O. Box 1350, Logan, WV 25601.
N.R., Sept. 8, 2016
235647