YOUTH HEALTH SERVICES, INC.
STATEMENT OF FINANCIAL POSITION
JUNE 30, 2015
ASSETS
Current Assets
Cash $ 94,030
Accounts receivable, net 224,442
Prepaid expenses
Total Current Assets 318,472
Property and Equipment, net 411,907
Other Assets
Cash – designated 26,660
Investments – designated 49,104
Total Other Assets 75,764
TOTAL ASSETS $ 806,143
LIABILITIES AND NET ASSETS
Current Liabilities
Current portion of long-term debt 16,225
Line of Credit 28,000
Accounts payable and accrued expenses 38,666
Accrued payroll taxes 15,472
Accrued wages 83,679
Deferred revenue 5,888
Total Current Liabilities 187,930
Long-Term Debt 413,017
NET ASSETS
Unrestricted:
Undesignated 129,432
Designated by board 75,764
Total Net Assets 205,196
TOTAL LIABILITIES AND NET ASSETS $ 806,143
YOUTH HEALTH SERVICES, INC.
STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED JUNE 30, 2015
Unrestricted
REVENUE AND SUPPORT
Federal financial assistance $ 17,098
State grants 226,192
Other grants 3,750
Donations and gifts 36,677
Contractual services 1,455,107
Investment income 2,971
Unrealized gain (loss) (1,054)
Miscellaneous 2,350
Total revenue and support 1,743,091
EXPENSES
Program Services
Daycare program 402,535
Behavior health services 1,455,795
Supporting Services
Management and general 4.376
Total operating expenses 1,862,706
Change in Net Assets (119,615)
NET ASSETS AT BEGINNING OF YEAR 324.811
NET ASSETS AT END OF YEAR $ 205.196
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