OCS Annual Outcomes Report 2014-2015
OPTIONS COMMUNITY SERVICES SOCIETY Statement of Operations Note: Audited Financial Statements are available upon request. March 31, 2015, with comparative information for 2014 (Unaudited)
Operating
Capital Asset
2015
2014
Fund
Fund
Total
Total
ASSETS Current assets:
Cash and cash equivalents Investments at fair value
$
2,860,118
$
318,255
$
3,178,373
$
3,265,673
579,309
-
579,309
475,544
Accounts receivable Due from related party
1,589,588
3,506
1,593,094
1,267,520
28,195 22,943 199,698
- - -
28,195 22,943 199,698
27,446 28,779 169,162
Inventory
Prepaid expenses and deposits
5,279,851
321,761
5,601,612
5,234,124
Restricted cash and investments
2,052,860
2,565,136 8,282,976
4,617,996 8,282,976
3,618,983 8,242,026
Capital assets
-
$
7,332,711
$
11,169,873
$
18,502,584
$
17,095,133
LIABILITIES AND NET ASSETS Current liabilities: Accounts payable and accrued liabilities Compensation, vacation and overtime payable
$
1,852,138 1,116,453 1,761,287
$
9,363
$
1,861,501 1,116,453 1,783,987
$
1,306,873 1,124,805 2,243,095
-
Deferred contributions
22,700 100,191 132,254
Mortgages payable, current portion
-
100,191
91,232
4,729,878
4,862,132
4,766,005
277,618
-
277,618
283,805
Deferred contributions - replacement reserves
Deferred capital contributions
- -
2,240,209 1,586,736 3,959,199
2,240,209 1,586,736 8,966,694
2,198,692 1,810,175 9,058,677
Mortgages payable
5,007,496
Net assets:
Invested in capital assets
-
4,431,385 2,466,891
4,431,385 4,093,185 1,011,319 9,535,889
4,217,472 3,126,284
Internally restricted
1,626,294
Unrestricted
698,921
312,398
692,700
2,325,215
7,210,674
8,036,456
$
7,332,711
$
11,169,873
$
18,502,584
$
17,095,133
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