Consolidated Statements of Financial Position
June 30, 2015 and 2014
             
Liabilities and Net Assets   2015   2014
Current liabilities:
  Accounts payable $ 4,065,880   3,121,391
  Accruals:        
    Payroll and taxes   7,366,489   7,309,971
    Workers’ compensation benefits   1,636,972   1,622,096
    Retirement plan   145,799   230,929
  Current portion of long-term debt   2,874,784   3,425,945
  Other current liabilities   2,351,725   3,183,905
  Liabilities held for discontinued operations   17,573   2,295
    Total current liabilities   18,459,222   18,896,532
 
Long-term liabilities:
  Debt, net of current portion   17,953,983   18,603,485
  Line of credit   6,782,573   1,751,998
  Other long-term liabilities   4,108,361   3,471,295
    Total liabilities   47,304,139   42,723,310
 
Net assets:
  Unrestricted   25,573,377   25,198,800
  Temporarily restricted   983,557   1,112,300
    Total net assets   26,556,934   26,311,100
    Total liabilities and net assets $ 73,861,073   69,034,410

Complete audited financial statements are on file at the Administrative Offices of Keystone Human Services and are available upon request.