Keystone Human Services

Financial Information – 2007

Keystone Human Services and Controlled Affiliates

Consolidated Statements of Financial Position
June 30, 2007 and 2006

             
Liabilities and Net Assets   2007   2006
Current liabilities:
  Accounts payable $ 3,032,410   3,604,417
  Accruals:        
    Payroll and taxes   3,670,522   3,334,726
    Workers’ compensation benefits   1,207,702   714,859
    Retirement plan   251,349   258,658
  Current portion of long-term debt   1,974,346   2,088,289
  Other current liabilities   892,004   948,441
    Total current liabilities   11,028,333   10,949,390
 
Long-term liabilities:
  Debt, net of current portion   13,251,331   14,396,629
  Lines of credit   3,325,000   3,399,000
  Other long-term liabilities   368,747   198,185
    Total liabilities   27,973,411   28,943,204
 
Net assets:
  Unrestricted   16,158,754   14,445,527
  Temporarily restricted   640,493   692,331
    Total net assets   16,799,247   15,137,858
    Total liabilities and net 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.

The official registration and financial information of Keystone Human Services or Keystone Partnership may be obtained from the Pennsylvania Department of State by calling toll-free (within Pa.) 1-800-732-0999. Registration does not imply endorsement.

This page last updated on:
August 12, 2008