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, 2015
CURRENT ASSETS:
Cash Checking $2,782
Accounts Receivable (net) 509,843
Prepaid expense & other current assets 5,046
TOTAL CURRENT ASSETS 517,671
FIXED ASSETS:
Furniture & equipments (net of depreciation) 28,219
OTHER ASSETS:
Deposits 750
Intangibles 445,000
TOTAL ASSETS $991.640
CURRENT LIABILITIES:
Payables & accrued liabilities $169,002
Line of Credit 79,874
Deferred Revenue 33,670
TOTAL CURRENT LIABILITIES 282,546
LONG TERM LIABILITIES:
Long term loan & notes payable 372,162
STOCKHOLDER’S EQUITY 336,935
TOTAL LIABILITIES &
STOCKHOLDER’S EQUITY $991,640
STATEMENT OF REVENUE & EXPENSE
FOR THE YEAR ENDED MARCH 31, 2015
REVENUES:
Gross Patient Revenue $3,043,851
Contractual Adjustment (484,039)
Other Income 1,724
TOTAL REVENUE 2,640,407
EXPENSES:
Salaries 1,708,494
Payroll Tax & Employee Benefits 388,090
Purchased Service 30,353
Medical Supplie 18,584
Other Administrative & General 389,617
TOTAL OPERATING EXPENSES 2,535,138
NET INCOME (LOSS) $26,398
STATEMENT OF CHANGES
IN RETAINED EARNINGS
FOR THE YEAR ENDED MARCH 31, 2015
Beginning retained earnings $118,952
Net income for the year 26,398
Capital contribution 0
Distribution to the shareholder (15,500)
ENDING RETAINED EARNINGS $129,850
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, 2015, the
company distributed $15,500 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, 2015
234677