Financial Information – 2010 Keystone Human Services and
Controlled Affiliates

Consolidated Statements of Financial Position
June 30, 2010 and 2009


Liabilities and Net Assets				2010	2009
Current liabilities:
	Accounts payable		$	3,128,672	2,666,166
	Accruals:
		Payroll and taxes		6,401,093	6,942,489
		Workers’ compensation benefits		1,839,170	1,625,263
		Retirement plan		570,895	676,094
	Line of credit			—	525,000
	Current portion of long-term debt			2,269,124	2,111,922
	Other current liabilities			1,842,028	1,176,707
		Total current liabilities		16,050,028	15,723,641

Long-term liabilities:
	Debt, net of current portion			16,650,290	16,822,732
	Line of credit			546,240	2,848,509
	Other long-term liabilities			930,274	663,726
		Total liabilities		34,177,786	36,058,608

Net assets:
	Unrestricted			19,934,431	17,171,940
	Temporarily restricted			669,549	547,778
		Total net assets		20,603,980	17,719,718
		Total liabilities and net assets	$	54,781,766	53,778,326

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

Community