Source: April 29, 2015 Read More →

SOME, Inc. Consolidated Income Statement

For the Twelve Months Ending December 31, 2014

Exodus     Maya
Actual    Actual
Revenue
Contributions    $598    $598
Non Government Grants    2,500                             2,500
Government Grants    363,016                     240,588
——————     ———————
Total Revenue           366,114              243,686

Expenses
Salaries              455,875                         449,626
Payroll Taxes    37,940    38,580
Staff Morale & Welfare    959    609
Training/Tuition Assistance    2,157    2,478
Employee Benefits    113,097    103,100
Retirement Benefits    19,710    21,320
Accrued Vacation    (8,868)    (5,956)
Professional Fees     13,557                       13,478
Legal & Accounting Fees     2,325    2,328
Contract Labor    1,705    893
Meals and Food     35,932    27,900
Repairs & Maintenance     38,273    26,775
Program Supplies     10,115    9,481
Office & Computer Supplies     1,759    2,177
Volunteer Recognition    1,625    92
Telephone     7,095    7,068
Postage        223    228
Printing        794    736
Transportation    11,186    7,254
Utilities         11,654    11,992
Permits        143    143
Medical & Lab     589    834
Client Assistance     64    113
Advertising     1,845    1,845
Fines and Penalties    4    4
Bank and Credit Card Fees     (38)    (36)
Interest Expense    45    44
Dues and Subscriptions     28
General Insurance    9,063    7,699
Depreciation    11,660    12,085
Workman’s Compensation     4,673    4,732
Equipment and Furniture     3,828    3,964
——————    ———————
Total Expenses         789,017    751,586

Operating Income    (422,903)    (507,900)
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——————    ———————

So Others Might Eat, Inc. (SOME) was incorporated in November 1970 under the District of Columbia Non-Profit Corporation Act.  SOME has been designated by the IRS as a 501(c) 3 non-profit. The exempt purpose set forth in the IRS Section 501(c) (3) is charitable and as such any net earnings by SOME are used by the organization for the charitable purpose set forth when established. SOME does not have shareholders and is led by a Board of Directors and Executive Director. Exodus House and Maya Angelou House located in High View, West Virginia are addiction treatment centers owned and operated by SOME. Their sole purpose is to live out their charitable mission.
All information is available for public inspection and copying at Health Care Authority, 100 Dee Drive, Charleston, WV  25311.

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