FINANCIAL REPORT 2011
Arc of Westchester Financial Statements Statement of Fund Balances December 31, 2011 (Dollars in thousands)
Statement of Revenues and Expenses Year ended December 31, 2011 (Dollars in thousands) Operating Revenues
Assets
Cash and cash equivalents Accounts receivable Prepaid expenses and other assets Due from affiliates Assets held in custody Security deposits Assets limited as to use Fixed assets, net Total Assets
11,761 9,425 418 58 2,382 44 1,914 24,520 50,522
Program revenue Other revenue Total Revenue and Other Support
50,728 2,376 53,104
Operating Expenses
Personal services and fringe benefits Other than personal services Equipment - provider paid Property - provider paid
38,369 9,971 815 3,543 52,698
Liabilities and Fund Balance
Accounts payable & accrued expenses Accrued salaries & vacation Current portion of bond/loan payable Due to government agencies Other liabilities Loans payable, net of current portion Bonds payable, net of current portion Total liabilities Net assets: Unrestricted Total Liabilities & Net Assets:
3,912 2,012 1,408 2,220 1,222 831 12,041 23,646 26,876 50,522
Excess of Revenue and Gains over Expense
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406
When we see concrete examples of lives changed, we know we made the right decision to give.
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John and Susan Walker Parents
YOU ARE THE KEY
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