CHILDREN’S HOME OF WHEELING, INC.
STATEMENT OF REVENUES AND EXPENSES
FOR THE YEAR ENDED JUNE 30, 2016
Medicaid 449,885.00
DHHR 803,326.00
D.O.E. 15,142.00
Donations and Grants 75,697.00
Rent 157,574.00
Other Revenue 3,630.00
Interest Income 33.00
Total Support and Revenue 1,505,287.00
Payroll 793,727.00
Payroll Taxes 80,266.00
Pension 31,647.00
Hospitalization 119,085.00
Food 56,800.00
Clothing & Grooming 3,810.00
Supplies 17,713.00
Recreation 1,269.00
Allowances 555.00
Educational 550.00
Special Events 6,156.00
Transportation 7,859.00
Office Supplies 2,151.00
Dues and Subscriptions 2,313.00
Utilities 67,341.00
Telephone 6,400.00
Insurance 29,170.00
Repairs and Maintenance 44,380.00
Staff Education 926.00
Postage 273.00
Advertising 6,906.00
Outside Services 113,888.00
Holiday Party 2,700.00
Other 2,163.00
Bad Debt Expense 0.00
Interest 38,685.00
Total Expenses 1,436,733.00
Net Operating Income (Loss) 68,554.00
Depreciation (211,013.00)
Administrative Overhead (162,246.00)
Foundation Grants 198,645.00
Net Income (Loss) (106,060.00)
CHILDREN’S HOME OF WHEELING, INC.
STATEMENT OF FINANCIAL POSITION
JUNE 30, 2016
Cash and Cash Equivalents 63,715.00
Accounts Receivable
Medicaid 80,579.00
DHHR 65,582.00
DOE
Other 2,581.00
Total Accounts Receivable 148,742.00
Inventory 5,734.00
Prepaid Insurance 11,869.00
Other Prepaid Expenses 0.00
Workers Comp Deposit 5,717.00
Total Current Assets 235,777.00
Property and Equipment
Buildings 5,666,937.00
Building Improvements 1,426,651.00
Furniture and Fixtures 1,214,252.00
Computers and Equipment 0.00
Vehicles 106,985.00
Leasehold Improvements 0.00
Land 275,892.00
Land Improvements 2,333,404.00
Accumulated Depreciation (5,569,138.00)
Net Property and Equipment 5,454,983.00
TOTAL ASSETS 5,690,760.00
Accounts Payable 411,559.00
Accrued Payroll 160,515.00
Current Portion of Long Term Debt 60,000.00
Total Current Liabilities 632,074.00
Note Payable – Wesbanco 1,146,502.00
Total Liabilities 1,778,576.00
Net Assets 3,912,184.00
TOTAL LIABILITIES AND NET ASSETS 5,690,760.00
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. 24, 2016
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