Ohio

Public Notice

YOUTH SERVICES SYSTEM, INC.
STATEMENT OF FINANCIAL POSITION
AS OF JUNE 30, 2015

ASSETS: 2015 Cash $478,268
Restricted cash 25,377
Accounts receivable 784,342
Medicaid receivable 126,879
Prepaid expenses 98,127 Investments at fair value 1,308,048
Beneficial interest in assets held at
Community Foundation 47,331
Other assets 125,642
Property plant and equipment: 6,188,629
Less: accumilated depreciation (2,282,376)
Net property, plant and equipment 3,906,253
TOTAL ASSESTS 6,900,267
LIABILITIES AND NET ASSESTS
Liabilities:
Accounts payable 258,520
Accrued payroll and other liabilities 463,219
Refundable advances 630,288
Capital leases payable 152,991
Short-term debt 998,831
Long-term debt 969,150
Total liabilities 3,472,999
NET ASSETS: Unrestricted 2,621,666
Temporarily restricted 61,131
Permanently restricted 744,471
Total Net Assets 3,427,268
TOTAL LIABILITIES AND NET ASSETS 6,900,267

YOUTH SERVICES SYSTEM, INC.
STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED JUNE 30, 2015

Unrestricted Temporarily Permanently Total
Restricted Restricted

Operating Revenues, Gains and Support
Fees from government
agencies $6,621,166 $ – $ – $6,621,166
Grants and contracts
from government
agencies 1,967,994 – – 1,967,994
Contributions from the public 131,672 148,851 20,000 300,523
In-Kind Contributions 99,792 99,792 Other contract income 7,725 7,725
Special events fundraisers
less direct expenses 37,520 – – 37,520
Rental income 73,889 – – 73,889
Dividend and interest
income 22,304 – – 22,304
Miscellaneous 68,249 68,249
Total revenues
gains and support 9,022,586 156,576 20,000 9,199,162
Net assets released
from restrictions 195,535 (195,535) – –

Total revenues, gains and
support and restrictions 9,218,121 (38,959) 20,000 9,199,162

Operating Expenses
Program services:
Residential services 4,417,778 4,417,778
Client services 862,041 – – 862,041
Community-based
services 1,319,539 – – 1,319,539
Other program
services 570,906 – – 570,906
Supporting services: –
Administrative
management 1,341,327 1,341,327
Total expenses 8,511,591 – – 8,511,591
Non-Operating Revenues
(Expenses)
Change in value of beneficial
interest 5,111 5,111
Gain (loss) on investments (10,373) (10,373)
Total Non-Operating Revenues
(Expenses) (10,373) 5,111 (5,262)
CHANGE IN NET ASSETS 696,157 (38,959) 25,111 682,309

NET ASSETS, BEGINNING
OF YEAR 1,925,509 100,090 719,360 2,744,959
NET ASSETS, END
OF YEAR $2,621,666 $61,131 $744,471 $3,427,268

Youth Services System, Inc. is a private non-profit 501(c)(3) corporation founded to serve Hancock, Brooke, Ohio, Marshall, Wetzel and Tyler counties by providing social services, education, training, therapy, transitional living and developmental skills through intervention to disturbed and abused juveniles. Youth Services System, Inc. is governed by a volunteer Board of Directors that provides policies consistent with its mission. Details concerning this advertisement, together with other reports, statements and schedules required to be filed with the West Virginia Health Care Cost Authority, are available for public inspection and copying at the Authority’s Office, 100 Dee Drive, Suite 201, Charleston, WV 25311.
Int. Dec. 31, 2015

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