FINANCIAL STATEMENTS Years Ended June 30, 2014 and 2013
STATEMENTS OF FINANCIAL POSITION June 30, 2014 and 2013 A S S E T S 2014 2013 CURRENT ASSETS Cash and cash equivalents $ 761,322 $ 648,987 Investments 101,687 101,968 Accounts receivable 429,260 486,677 Employee advances 2,006 833 Prepaid expenses 7,656 8,821 TOTAL CURRENT ASSETS 1,301,931 1,247,286 PROPERTY AND EQUIPMENT, at cost, less accumulated depreciation 663,001 569,557 DEPOSITS 9,219 9,219 TOTAL ASSETS $ 1,974,151 $ 1,826,062 L I A B I L I T I E S CURRENT LIABILITIES Accounts payable $ 66,792 $ 53,291 Accrued liabilities 267,620 167,922 Deferred income 10,785 2,824 Current portion of long-term debt 12,936 8,117 TOTAL CURRENT LIABILITIES 358,133 232,154 LEASE PAYABLE 20,776 22,374 LONG-TERM DEBT, less current portion above 466,576 395,508 TOTAL LIABILITIES 845,485 650,036 N E T A S S E T S UNRESTRICTED 1,054,204 1,098,359 TEMPORARILY RESTRICTED 59,258 62,463 PERMANENTLY RESTRICTED 15,204 15,204 TOTAL NET ASSETS 1,128,666 1,176,026 TOTAL LIABILITIES AND NET ASSETS $ 1,974,151 $ 1,826,062 See Notes to Financial Statements - 2 -
STATEMENT OF ACTIVITIES AND CHANGE IN NET ASSETS Year Ended June 30, 2014 Temporarily Permanently Unrestricted Restricted Restricted Total SUPPORT State of Missouri Medicaid $ 4,084,538 $ - $ - $ 4,084,538 State of Missouri DMH 7,954 - - 7,954 State of Kansas TCM 40,569 - - 40,569 Kansas City Regional Center 428,375 - - 428,375 Contributions 207,472 1,307-208,779 In-kind contributions 33,729 - - 33,729 EITAS 50,287 - - 50,287 United Way 67,568 - - 67,568 TOTAL SUPPORT 4,920,492 1,307-4,921,799 OTHER REVENUE Resident and Senior Link Direct Pay 3,967 - - 3,967 Clay County - Senior Link 395,550 - - 395,550 Investment income 3,975 30-4,005 Miscellaneous income 11,823 - - 11,823 Net assets released from restrictions 4,542 (4,542) - - TOTAL OTHER REVENUE 419,857 (4,512) - 415,345 TOTAL SUPPORT AND OTHER REVENUE 5,340,349 (3,205) - 5,337,144 EXPENSES Program 4,494,656 - - 4,494,656 Fundraising 102,769 - - 102,769 Management and general 787,079 - - 787,079 TOTAL EXPENSES 5,384,504 - - 5,384,504 CHANGE IN NET ASSETS (44,155) (3,205) - (47,360) NET ASSETS, BEGINNING OF YEAR 1,098,359 62,463 15,204 1,176,026 NET ASSETS, END OF YEAR $ 1,054,204 $ 59,258 $ 15,204 $ 1,128,666 See Notes to Financial Statements - 3 -
STATEMENT OF ACTIVITIES AND CHANGE IN NET ASSETS Year Ended June 30, 2013 Temporarily Permanently Unrestricted Restricted Restricted Total SUPPORT State of Missouri Medicaid $ 3,897,251 $ - $ - $ 3,897,251 State of Missouri DMH 14,508 - - 14,508 State of Kansas TCM 44,154 - - 44,154 Kansas City Regional Center 434,897 - - 434,897 Contributions 322,714 42,066-364,780 In-kind contributions 136,355 - - 136,355 EITAS 53,226 - - 53,226 United Way 68,828 - - 68,828 TOTAL SUPPORT 4,971,933 42,066-5,013,999 OTHER REVENUE Resident and Senior Link Direct Pay 10,278 - - 10,278 Clay County - Senior Link 372,519 - - 372,519 Investment income 2,641 26-2,667 Miscellaneous income 15,056 - - 15,056 Net assets released from restrictions 9,184 (9,184) - - TOTAL OTHER REVENUE 409,678 (9,158) - 400,520 TOTAL SUPPORT AND OTHER REVENUE 5,381,611 32,908-5,414,519 EXPENSES Program 4,398,884 - - 4,398,884 Fundraising 221,635 - - 221,635 Management and general 694,791 - - 694,791 TOTAL EXPENSES 5,315,310 - - 5,315,310 CHANGE IN NET ASSETS 66,301 32,908-99,209 NET ASSETS, BEGINNING OF YEAR 1,032,058 29,555 15,204 1,076,817 NET ASSETS, END OF YEAR $ 1,098,359 $ 62,463 $ 15,204 $ 1,176,026 See Notes to Financial Statements - 4 -
STATEMENT OF FUNCTIONAL EXPENSES Year Ended June 30, 2014 Program Services Supporting Services Individualized Total Group Supported Total Program Management Supporting Total Homes Living Non-DMH Services Fundraising and General Services Expenses Salaries $ 1,254,540 $ 1,541,038 $ 94,385 $ 2,889,963 $ 32,490 $ 399,257 $ 431,747 $ 3,321,710 FICA and MICA 92,395 113,914 6,767 213,076 2,485 31,244 33,729 246,805 Retirement 61,552 32,134 3,411 97,097-43,492 43,492 140,589 Health and life insurance 184,197-10,984 195,181-29,173 29,173 224,354 Unemployment insurance 34,747 - - 34,747 - - - 34,747 Workers' compensation 23,128 28,386 1,937 53,451 586 7,786 8,372 61,823 Staff recruitment - - - - 645 1,891 2,536 2,536 Incentives 3,913 - - 3,913 - - - 3,913 Medical 3,061 3,363 38 6,462-7 7 6,469 Communications 21,033 17,145 1,576 39,754 45 18,433 18,478 58,232 Maintenance and repairs 35,804 855 260 36,919 130 21,408 21,538 58,457 Facilities 61,773 114,025 11,728 187,526 17,449 34,779 52,228 239,754 Utilities 34,607 36,154-70,761 - - - 70,761 Food services 48,246 49,264-97,510 - - - 97,510 Material and supplies 12,151 13,770 682 26,603 9,015 16,152 25,167 51,770 Professional fees 1,136-250 1,386 15,247 138,536 153,783 155,169 Staff training 12,001 - - 12,001-589 589 12,590 Staff travel 1,699 - - 1,699 - - - 1,699 Insurance 29,285 16,717 2,243 48,245 133 11,526 11,659 59,904 Equipment and furnishings 3,367 2,061 1,090 6,518-4,774 4,774 11,292 Contracted labor - - 286,452 286,452 105-105 286,557 Transportation 54,461 47,568 4,244 106,273 92 22,293 22,385 128,658 Printing and artwork - - - - 22,224-22,224 22,224 Interest 27,956 - - 27,956 - - - 27,956 Miscellaneous 5,180 5,042 4,533 14,755 1,811 3,243 5,054 19,809 Subtotal 2,006,232 2,021,436 430,580 4,458,248 102,457 784,583 887,040 5,345,288 Depreciation 33,989 2,178 241 36,408 312 2,496 2,808 39,216 Total $ 2,040,221 $ 2,023,614 $ 430,821 $ 4,494,656 $ 102,769 $ 787,079 $ 889,848 $ 5,384,504 Percentage of total expenses 38% 38% 7% 83% 2% 15% 17% 100% See Notes to Financial Statements - 5 -
STATEMENT OF FUNCTIONAL EXPENSES Year Ended June 30, 2013 Program Services Supporting Services Individualized Total Group Supported Total Program Management Supporting Total Homes Living Non-DMH Services Fundraising and General Services Expenses Salaries $ 1,248,093 $ 1,477,970 $ 118,994 $ 2,845,057 $ 33,610 $ 355,204 $ 388,814 $ 3,233,871 FICA and MICA 91,505 109,247 8,814 209,566 2,571 27,565 30,136 239,702 Retirement 27,939 14,274 5,470 47,683-37,007 37,007 84,690 Health and life insurance 224,915 524 15,239 240,678-30,936 30,936 271,614 Disability insurance 1,908 790 132 2,830-573 573 3,403 Unemployment insurance 18,607 - - 18,607 - - - 18,607 Workers' compensation 24,577 28,108 2,412 55,097 618 7,035 7,653 62,750 Staff recruitment - - - - - 1,320 1,320 1,320 Incentives 2,035 - - 2,035 - - - 2,035 Medical 3,273 2,723-5,996 95-95 6,091 Communications 20,213 16,370 1,984 38,567-15,300 15,300 53,867 Maintenance and repairs 34,879 3,248-38,127 30 17,703 17,733 55,860 Facilities 68,905 124,690 11,668 205,263 48,039 34,603 82,642 287,905 Utilities 37,919 32,802-70,721 - - - 70,721 Food services 50,846 47,880-98,726 - - - 98,726 Material and supplies 13,205 11,770 678 25,653 6,629 10,966 17,595 43,248 Professional fees 730-260 990 1,455 100,531 101,986 102,976 Staff training 5,207 - - 5,207-1,327 1,327 6,534 Staff travel 1,556 - - 1,556 - - - 1,556 Insurance 30,164 14,956 2,295 47,415 122 11,392 11,514 58,929 Equipment and furnishings 3,611 804 575 4,990-4,779 4,779 9,769 Contracted labor - - 261,839 261,839 2,000-2,000 263,839 Transportation 48,878 37,665 6,182 92,725 934 26,639 27,573 120,298 Interest 29,157 - - 29,157 - - - 29,157 Printing and artwork - - - - 121,127-121,127 121,127 Miscellaneous 5,693 3,449 2,238 11,380 3,715 3,303 7,018 18,398 Subtotal 1,993,815 1,927,270 438,780 4,359,865 220,945 686,183 907,128 5,266,993 Depreciation 35,840 1,901 1,278 39,019 690 8,608 9,298 48,317 Total $ 2,029,655 $ 1,929,171 $ 440,058 $ 4,398,884 $ 221,635 $ 694,791 $ 916,426 $ 5,315,310 Percentage of total expenses 39% 36% 8% 83% 4% 13% 17% 100% See Notes to Financial Statements - 6 -
STATEMENTS OF CASH FLOWS Years Ended June 30, 2014 and 2013 2014 2013 CASH FLOWS FROM OPERATING ACTIVITIES Changes in net assets $ (47,360) $ 99,209 Adjustments to reconcile changes in net assets to net cash flows from operating activities: Depreciation 39,216 48,317 Gain on disposal of property and equipment - (9,132) Unrealized loss on investments 281 2,848 Changes in operating assets and liabilities Accounts receivable 57,417 (43,576) Employee advances (1,173) 250 Prepaid expenses 1,165 (3,062) Deposits - (475) Accounts payable 13,501 2,728 Accrued liabilities 99,698 15,341 Deferred income 7,961 (19,676) Lease payable (1,598) 574 NET CASH FLOWS FROM OPERATING ACTIVITIES 169,108 93,346 CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property and equipment (132,660) (59,214) Proceeds from sale of property and equipment - 11,223 NET CASH FLOWS FROM INVESTING ACTIVITIES (132,660) (47,991) CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from issuance of long-term debt 84,000 - Repayment of long-term debt (8,113) (7,660) NET CASH FLOWS FROM FINANCING ACTIVITIES 75,887 (7,660) CHANGES IN CASH AND CASH EQUIVALENTS 112,335 37,695 CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 648,987 611,292 CASH AND CASH EQUIVALENTS, END OF YEAR $ 761,322 $ 648,987 See Notes to Financial Statements - 7 -
NOTES TO FINANCIAL STATEMENTS ( 1 ) Summary of significant accounting policies Organization - Open Options, Inc. d/b/a United Cerebral Palsy of Greater Kansas City (the Organization ) is a nonprofit organization which provides support services to people whose capacity for independent living is challenged by disability, illness or age. The Organization's programs include group homes, individualized supported living, services for adults with Prader-Willi Syndrome, services for individuals with Cerebral Palsy and their families, and SeniorLink. Basis of accounting - The Organization prepares its financial statements on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. Use of estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Income taxes - The Organization is exempt from federal income taxes under the provisions of Section 501(c)(3) of the Internal Revenue Code. The Organization s present accounting policy for the evaluation of uncertain tax positions is to review those positions on an annual basis. A liability would be recorded in the financial statements during the period which, based on all available evidence, management believes it is more likely than not that the tax position would not be sustained upon examination by taxing authorities and the liability would be incurred by the Organization. The Organization had no material uncertain tax positions as of June 30, 2014 or 2013. Cash and cash equivalents - The Organization considers cash on hand, bank checking accounts, and temporary investments with an original maturity of three months or less to be cash and cash equivalents. Accounts receivable - Accounts receivable are stated at the amounts billed to state and local contracting agencies based on amounts defined in the contracts or grants. The Organization provides for an allowance for doubtful accounts, which is based upon a review of outstanding receivables, historical collection information and existing economic conditions. Accounts receivable are typically paid by the contracting or granting agency in their normal course of business (usually within 60 days). Delinquent receivables are written off based on individual credit evaluation and specific circumstances. There was no allowance for uncollectible accounts at June 30, 2014 and 2013. Investments - Investments, consisting of fixed income securities, are recorded at their aggregate fair value. Property and equipment - Property and equipment acquired by the Organization are capitalized at cost and depreciated on the straight-line basis over the following estimated useful lives Buildings Automobiles Equipment 27 Years 3-5 Years 3-7 Years Net asset classification - To ensure observance of limitations and restrictions placed on the use of resources available to the Organization, net assets have been classified into the following: Unrestricted net assets: Unrestricted net assets include expendable resources over which the Organization s Board of Directors has discretionary control and are used to carry out the Organization s operations in accordance with its bylaws. - 8 -
NOTES TO FINANCIAL STATEMENTS ( 1 ) Summary of significant accounting policies (continued) Temporarily restricted net assets: Temporarily restricted net assets include resources expendable only for those purposes specified by the donor or grantor. The restrictions are satisfied either by the passage of time or by actions of the Organization. Permanently restricted net assets: Permanently restricted net assets include resources subject to donor imposed stipulations maintained permanently by the Organization. Revenue recognition - The Organization is funded primarily through the State of Missouri and other governmental entities. Revenue is recognized as services are performed and reimbursement is requested. Donated rent and services - Donated rent is reflected as support in the statements of activities and changes in net assets at its estimated fair value at the date of receipt. The Organization received $19,968 and $25,968 in the form of in-kind rent for the years ended June 30, 2014 and 2013, respectively. The Organization also received $13,761 and $110,387 from other miscellaneous inkind donations during the years ended June 30, 2014 and 2013, respectively. No amounts are reflected in the financial statements for donated services. The Organization pays for most services requiring specific expertise. However, fundraising events and other small projects are volunteer-operated, with the exception of a limited number of paid staff. A substantial number of volunteers have donated significant amounts of their time in the golf tournament, Hats Off to Mothers, and other small projects. Functional expenses - The costs of providing the various programs and other activities have been summarized on a functional basis in the statements of activities and changes in net assets. Certain costs have been allocated among the programs and supporting services benefited as depicted in the accompanying statement of functional expenses. Expenses that can be identified with a specific program and support are allocated directly according to their natural expenditure classification. Other expenses that are common to several functions are allocated by management s estimate of resources devoted to the programs or support source. ( 2 ) Investments The Organization utilizes ASC 820, Fair Value Measurement, to record investments. ASC 820 establishes a three-level valuation hierarchy for disclosure of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. A financial instrument s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The three levels are defined as follows: Level 1 - Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets. Level 2 - Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 - Inputs to the valuation methodology are unobservable and significant to the fair value measurement. The management of the Organization endeavors to utilize the best available information in measuring fair value. Fair value for all of the Organization s investments was determined using Level 1 valuation methods. - 9 -
( 2 ) Investments (continued) OPEN OPTIONS, INC. d/b/a NOTES TO FINANCIAL STATEMENTS The following tables represent the fair value of investments at June 30, 2014 and June 30, 2013, respectively: June 30, 2014 Fair Value Level 1 Level 2 Level 3 Fixed income securities Government bonds $ 101,687 $ 101,687 $ - $ - June 30, 2013 Fair Value Level 1 Level 2 Level 3 Fixed income securities Government bonds $ 101,968 $ 101,968 $ - $ - Investment income consists of the following: Year Ended June 30, 2014 2013 Interest earned $ 4,286 $ 5,515 Unrealized loss (281) (2,848) Total investment income $ 4,005 $ 2,667 ( 3 ) Property and equipment June 30, 2014 2013 Cost Land and buildings $ 766,828 $ 634,170 Automobiles 94,131 118,927 Equipment 119,671 119,671 Total cost 980,630 872,768 Accumulated depreciation (317,629) (303,211) Net property and equipment $ 663,001 $ 569,557 Depreciation expense charged to operations was $39,216 and $48,317 for the years ended June 30, 2014 and 2013, respectively. - 10 -
( 4 ) Long-term debt OPEN OPTIONS, INC. d/b/a NOTES TO FINANCIAL STATEMENTS 2014 June 30, 2013 Four notes payable to a bank, collateralized by buildings, with interest from 5.50% to 7.25%. Payable in monthly installments of $3,920, with final payments due from October 2024 through July 2037. $ 479,512 $ 403,625 Less current portion (12,936) (8,117) Noncurrent portion $ 466,576 $ 395,508 Maturities of long-term debt are as follows: Years Ending June 30, 2015 $ 12,936 2016 15,920 2017 16,968 2018 18,044 2019 19,191 Thereafter 396,453 Total long-term debt $ 479,512 ( 5 ) Endowments The Organization s endowment consists of one fund and only includes donor-restricted funds. In accordance with ASC 958, Endowments for Not-for-Profit Organizations, net assets associated with endowment funds and funds designated by the Board of Directors are classified and reported based on the existence or absence of donor-imposed restrictions. The endowment balance is included in investments in the statements of financial position. Permanently restricted endowment balances include the original value at the date of gift. There are no temporarily restricted funds in the endowment as immaterial amounts of earnings are appropriated and spent during the year. There were no contributions to the endowment fund for the years ended June 30, 2014 and 2013. Return objectives and risk parameters The Organization has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowments while seeking to maintain the purchasing power of the endowment assets. Endowment assets include those assets of donor-restricted funds. In order to obtain maximum benefits from the assets of the Organization, the investment goals include achieving long-term growth of capital within specified risk constraints, production of a reasonable rate of return on the investment assets, consistent with the assumption of a prudent level of risk, and protection of the Organization s assets from inflation, so that they will be available for the long-term use. - 11 -
( 5 ) Endowments (continued) OPEN OPTIONS, INC. d/b/a NOTES TO FINANCIAL STATEMENTS Strategies employed for achieving objectives To satisfy its long-term rate-of-return objectives, the Organization relies on a total return strategy in which investment returns are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends). The Organization s risk tolerance is low. The Organization targets an asset allocation that places a greater emphasis on fixed-income investments to achieve its long-term return objectives within prudent risk constraints. Spending policy The purpose of the Organization s investment assets is to provide funds to supplement operating revenue for the Organization s program costs and organizational expenses that are not covered by fees for services or by donations and grants. During the years ended June 30, 2014 and 2013, all earnings on the endowment fund were appropriated for expenditure. ( 6 ) Related parties The Organization is obligated to pay certain fees to the National United Cerebral Palsy organization ( NUCP ). Amounts paid to NUCP were $39,996 and $39,576 for the years ended June 30, 2014 and 2013, respectively. The Organization also pays mowing and yard service fees as well as other various property maintenance fees to a company which is owned by an individual who has a familial relationship with the Sr. Vice President/Chief Financial Officer of the Organization. During the year ended June 30, 2014, this company was also contracted to complete extensive rehabilitation work at one of the Organization s properties. Totals fees paid were $54,554 and $9,947 for the years ended June 30, 2014 and 2013, respectively. ( 7 ) Operating leases The Organization leases office space and equipment from unrelated parties under operating leases expiring from April 2015 through October 2017. In the normal course of business, operating leases are generally renewed or replaced by other leases. Rental payments associated with operating leases are charged to expense as incurred. Rental payments made under these operating leases were $107,110 and $104,610 for the years ended June 30, 2014 and 2013, respectively. The office space lease also includes scheduled rent increases which accounting principles generally accepted in the United States of America require be recognized ratably over the life of the lease. The unamortized balance in lease payable was $20,776 and $22,374 as of June 30, 2014 and 2013, respectively. Minimum future lease payments under non-cancelable operating leases with terms in excess of one year are as follows: Years Ending June 30, 2015 $ 101,300 2016 92,300 2017 85,100 2018 24,600 Totals $ 303,300-12 -
( 8 ) Retirement plan OPEN OPTIONS, INC. d/b/a NOTES TO FINANCIAL STATEMENTS The Organization maintains a retirement plan in which all employees who are 21 years of age or greater are eligible to participate in after one year in which they have been compensated for at least 1,000 hours of service. After the initial year of service requirement is met, employees who are employed on the last day of the plan year and who have been compensated for at least 1,000 hours of service are eligible for contribution to the plan. The Organization matches contributions equal to 50% of employee contributions up to 8% of annual compensation. Management can also contribute additional discretionary amounts to the plan on an annual basis up to statutory limitations. Participants are fully vested after three years of service. Accrued matching employer contributions to the plan were $15,599 and $15,853 respectively, as of June 30, 2014 and 2013. Accrued employer discretionary profit sharing contributions to the plan were $119,371 and $58,742 as of June 30, 2014 and 2013, respectively. Retirement plan expenses were $140,589 and $84,690, respectively, for the years ended June 30, 2014 and 2013. ( 9 ) Concentrations Approximately 90% of the Organization s receivables at June 30, 2014 and 2013 came from the State of Missouri and the Kansas City Regional Office. As of June 30, 2014 and 2013, approximately 24% and 27%, respectively, of the Organization s payables were due to two vendors. Approximately 85% and 80% of the Organization s revenue came from the State of Missouri and the Kansas City Regional Office during the year ended June 30, 2014 and 2013, respectively. The Organization maintains cash balances in financial institutions in excess of FDIC insurance limits. Management monitors the soundness of these financial institutions and believes the Organization s risk of loss is negligible. ( 10 ) Temporarily restricted net assets Temporarily restricted net assets are available for the following purposes: June 30, 2014 2013 Group home furniture and renovation $ 9,850 $ 9,845 Prader-Willi Syndrome 3,455 5,221 Direct individual financial assistance - Cerebral Palsy 37,190 38,945 Miscellaneous 8,763 8,452 $ 59,258 $ 62,463-13 -
( 11 ) Subsequent events OPEN OPTIONS, INC. d/b/a NOTES TO FINANCIAL STATEMENTS The Organization has evaluated subsequent events through October 23, 2014, the date through which the financial statements were available to be issued, and determined that no subsequent events have occurred that require adjustment or disclosure in the financial statements or accompanying notes. - 14 -
SUPPLEMENTARY INFORMATION
SUPPLEMENTARY INFORMATION STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS - GROUP HOMES Year Ended June 30, 2014 Southwood Glen Arbor Willow Winslow Myrtle Newton Division Total SUPPORT AND REVENUE Support State of Missouri Medicaid $ 220,980 $ 344,486 $ 335,624 $ 267,847 $ 364,183 $ 407,229 $ - $ 1,940,349 State of Missouri DMH - 112-477 - - - 589 KC Regional Center 30,162 27,605 33,333 25,196 24,240 37,050-177,586 EITAS 23,603 3,079 2,482 2,378 2,685 4,411-38,638 Total Support 274,745 375,282 371,439 295,898 391,108 448,690-2,157,162 Revenue Resident Direct Pay 281 - - - - - - 281 Miscellaneous Income - - 2,957 16 2,909 - - 5,882 Total Revenue 281-2,957 16 2,909 - - 6,163 Total Support and Revenue $ 275,026 $ 375,282 $ 374,396 $ 295,914 $ 394,017 $ 448,690 $ - $ 2,163,325 KC - 16 -
SUPPLEMENTARY INFORMATION STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS - GROUP HOMES (continued) Year Ended June 30, 2014 Southwood Glen Arbor Willow Winslow Myrtle Newton Division Total TOTAL SUPPORT AND REVENUE $ 275,026 $ 375,282 $ 374,396 $ 295,914 $ 394,017 $ 448,690 $ - $ 2,163,325 EXPENSES Program Services Salaries 125,218 169,841 177,148 173,901 219,298 169,268 219,869 1,254,540 FICA and MICA 9,198 12,116 12,725 12,746 16,355 12,747 16,508 92,395 Retirement 2,979 2,110 3,856 851 3,702 4,696 43,358 61,552 Health and Life Insurance - - - - - - 184,197 184,197 Total Compensation 137,395 184,067 193,729 187,498 239,355 186,711 463,932 1,592,684 Unemployment Insurance - - - - - - 34,747 34,747 Workers' Compensation 2,255 2,945 3,126 3,094 4,474 3,044 4,190 23,128 Incentives - - - - - - 3,913 3,913 Medical 223 529 218 516 654 190 731 3,061 Total Other Personnel Costs 2,478 3,474 3,344 3,610 5,128 3,234 43,581 64,849 Communications 3,134 2,326 4,942 3,740 2,007 1,870 3,014 21,033 Maintenance and Repairs 4,694 8,135 5,995 5,928 6,221 4,231 600 35,804 Facilities 19,968 - - - 8,800 18,000 15,005 61,773 Utilities 5,989 7,705 5,295 5,297 4,816 5,505-34,607 Food Services 7,208 8,983 9,055 7,603 6,455 8,942-48,246 Material and Supplies 1,213 1,197 1,044 1,081 1,228 1,662 4,726 12,151 Professional Services - - - - 350-786 1,136 Staff Training - - - - - - 12,001 12,001 Staff Travel - - - - - - 1,699 1,699 Insurance 3,761 5,589 5,997 5,062 4,155 4,263 458 29,285 Equipment and Furnishings - 860 10-2,103 51 343 3,367 Transportation 4,707 7,152 6,831 6,248 5,992 4,472 19,059 54,461 Interest - 9,955 10,404 7,024 573 - - 27,956 Miscellaneous 90 288 91 227 3,200 92 1,192 5,180 50,764 52,190 49,664 42,210 45,900 49,088 58,883 348,699 Total Expenses before Depreciation 190,637 239,731 246,737 233,318 290,383 239,033 566,396 2,006,232 Depreciation - 10,748 10,560 11,368 900 9 404 33,989 Total Expenses 190,637 250,479 257,297 244,686 291,283 239,042 566,800 2,040,221 Excess(Deficiency) of Support and Revenue over Expenses $ 84,389 $ 124,803 $ 117,099 $ 51,228 $ 102,734 $ 209,648 $ (566,800) $ 123,104 KC - 17 -
SUPPLEMENTARY INFORMATION STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS - INDIVIDUALIZED SUPPORTED LIVING Year Ended June 30, 2014 Community Kansas City Integration Total SUPPORT AND REVENUE Support State of Missouri Medicaid $ 2,026,851 $ 117,337 $ 2,144,188 State of Missouri DMH 5,270 2,094 7,364 KC Regional Center 250,788-250,788 EITAS 23,553-23,553 Total Support 2,306,462 119,431 2,425,893 Revenue Resident Direct Pay 3,686-3,686 Miscellaneous Income 2,071-2,071 Total Revenue 5,757-5,757 Total Support and Revenue 2,312,219 119,431 2,431,650 EXPENSES Program Services Salaries 1,475,505 65,533 1,541,038 FICA and MICA 108,983 4,931 113,914 Retirement 29,776 2,358 32,134 Total Compensation 1,614,264 72,822 1,687,086 Workers' Compensation 27,215 1,171 28,386 Medical 3,169 194 3,363 Total Other Personnel Costs 30,384 1,365 31,749 Communications 17,042 103 17,145 Maintenance and Repairs 855-855 Facilities 114,025-114,025 Utilities 36,154-36,154 Food Services 49,264-49,264 Material and Supplies 13,770-13,770 Insurance 14,647 2,070 16,717 Equipment and Furnishings 2,061-2,061 Transportation 41,091 6,477 47,568 Miscellaneous 3,550 1,492 5,042 292,459 10,142 302,601 Total Expenses before Depreciation 1,937,107 84,329 2,021,436 Depreciation 2,178-2,178 Total Expenses 1,939,285 84,329 2,023,614 Excess (Deficiency) of Support and Revenue over Expenses $ 372,934 $ 35,102 $ 408,036-18 -
SUPPLEMENTARY INFORMATION STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS - NON DMH Year Ended June 30, 2014 Family Support Senior Link Total SUPPORT AND REVENUE Support State of Kansas TCM $ 40,569 $ - $ 40,569 Contributions and Fundraising 114-114 United Way 64,758-64,758 EITAS 8,064-8,064 Bellows Fellows 2,810-2,810 Total Support 116,315-116,315 Revenue Clay County - 395,550 395,550 Miscellaneous Income 1,854-1,854 Interest - 121 121 Total Revenue 1,854 395,671 397,525 Total Support and Revenue 118,169 395,671 513,840 EXPENSES Program Services Salaries 43,722 50,663 94,385 FICA and MICA 3,053 3,714 6,767 Retirement 1,109 2,302 3,411 Health and Life Insurance 4,135 6,849 10,984 Total Compensation 52,019 63,528 115,547 Workers' Compensation 1,029 908 1,937 Medical - 38 38 Total Other Personnel Costs 1,029 946 1,975 Communications 231 1,345 1,576 Maintenance and Repairs 95 165 260 Facilities 4,285 7,443 11,728 Material and Supplies 133 549 682 Professional Services 250-250 Insurance 2,015 228 2,243 Equipment and Furnishings 1,090-1,090 Contracted Labor 8,254 278,198 286,452 Transportation 1,507 2,737 4,244 Miscellaneous 4,025 508 4,533 21,885 291,173 313,058 Total Expenses before Depreciation 74,933 355,647 430,580 Depreciation 241-241 Total Expenses 75,174 355,647 430,821 Excess (Deficiency) of Support and Revenue over Expenses $ 42,995 $ 40,024 $ 83,019-19 -
SUPPLEMENTARY INFORMATION STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS - MANAGEMENT AND GENERAL Year Ended June 30, 2014 Restricted Kansas City Total SUPPORT AND REVENUE Support Contributions $ 1,307 $ - $ 1,307 Revenue Interest 30 3,854 3,884 Miscellaneous Income - 6,548 6,548 Total Revenue 30 10,402 10,432 Total Support and Revenue 1,337 10,402 11,739 EXPENSES Program Services Salaries - 399,257 399,257 FICA and MICA - 31,244 31,244 Retirement - 43,492 43,492 Health and Life Insurance - 29,173 29,173 Total Compensation - 503,166 503,166 Staff Recruitment - 1,891 1,891 Workers' Compensation - 7,786 7,786 Medical - 7 7 Total Other Personnel Costs - 9,684 9,684 Communications - 18,433 18,433 Maintenance and Repairs - 21,408 21,408 Facilities - 34,779 34,779 Material and Supplies - 16,152 16,152 Professional Services - 138,536 138,536 Staff Training - 589 589 Transportation - 22,293 22,293 Insurance - 11,526 11,526 Equipment and Furnishings - 4,774 4,774 Miscellaneous - 3,243 3,243-271,733 271,733 Total Expenses before Depreciation - 784,583 784,583 Depreciation - 2,496 2,496 Total Expenses - 787,079 787,079 Excess (Deficiency) of Support and Revenue over Expenses $ 1,337 $ (776,677) $ (775,340) - 20 -
SUPPLEMENTARY INFORMATION STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS - RESTRICTED FUNDS Year Ended June 30, 2014 Temporary Permanent Group Home & Furniture Prader- Financial Fund Willi Assistance - CP Miscellaneous Endowment Total SUPPORT AND REVENUE Support Contributions $ - $ - $ - $ 1,307 $ - $ 1,307 Revenue Interest 5 2 19 4-30 Total Support and Revenue 5 2 19 1,311-1,337. EXPENSES Program Expenses - 1,767 1,775 1,000-4,542 Change in Net Assets 5 (1,765) (1,756) 311 - (3,205) Net Assets, Beginning of Year 9,846 5,220 38,945 8,452 15,204 77,667 Net Assets, End of Year $ 9,851 $ 3,455 $ 37,189 $ 8,763 $ 15,204 $ 74,462 Note to Supplementary Information - There may be immaterial rounding discrepancies between the supplementary information and the basic financial statements on pages 2-7. - 21 -