Keystone Human Services

Financial Information – 2007


Assets				2007	2006
Current assets:
	Cash and cash equivalents		$	1,512,672	1,415,103
	Accounts receivable, net of allowance for uncollectible accounts of $199,825 and $325,304 at June 30, 2007 and 2006, respectively			10,321,190	11,574,700
	Pledges receivable, net of allowance for uncollectible accounts of $108,975 and $108,486 at June 30, 2007 and 2006, respectively			43,062	111,184
	Prepaid expenses			574,244	1,134,274
	Assets held for sale			225,614	—
	Investments			5,539,968	3,338,000
		Total current assets		18,216,750	17,573,261

Pledges receivable, net of current portion				28,291	40,024

Property and equipment:
	Land and land improvements			5,333,491	4,877,195
	Buildings and improvements			24,981,998	24,586,622
	Motor vehicles			4,165,112	4,181,541
	Furniture, fixtures, and equipment			7,956,722	7,546,369
				42,437,323	41,191,727
	Less accumulated depreciation			16,284,107	14,790,566
		Property and equipment, net		26,153,216	26,401,161

Other assets				374,401	66,616
		Total assets	$	44,772,658	44,081,062

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