Keystone Human Services

Financial Information – 2006


Assets				2006	2005
Current assets:
	Cash and cash equivalents		$	1,415,103	1,158,609
	Accounts receivable, net of allowance for uncollectible accounts of $325,304 and $247,134 and $844,025 at June 30, 2006 and 2005, respectively			11,574,700	8,058,676
	Pledges receivable, net allowance for uncollectible accounts of $108,486 and $70,000 at June 30, 2006 and 2005, respectively			111,184	246,973
	Prepaid expenses			1,134,274	709,750
	Investments			3,338,000	2,910,673
		Total current assets		17,573,261	13,084,681

Pledges receivable, net of current portion				40,024	114,119

Property and equipment:
	Land and land improvements			4,877,195	4,242,999
	Buildings and improvements			24,586,622	21,270,223
	Motor vehicles			4,181,541	3,954,293
	Furniture, fixtures, and equipment			7,546,369	6,905,709
				41,191,727	36,373,224
		Less accumulated depreciation		14,790,566	13,162,026
		Property and equipment, net		26,401,161	23,211,198

Other assets				66,616	68,126
		Total assets	$	44,081,062	36,478,124

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