Attachment 18 - Senior Housing Solutions summary of net income lossSenior Housing Solutions
Summary Net Income Loss
Per audits
2012 2014
Net Income /(Loss) per audit (394,024) (269,105)
Net Income /(Loss) Adjusted (52,124) 94,069
ATTACHMENT 18
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Senior Housing Solutions
Statement of Activities
FYE 6/30/12 Audit
Audit Adjust for Deferred Adjusted
Support Total Interest and Depreciation Total
Rental Income
302,850
302,850
G ra nts
27,578
27,578
Contributions & donations
95,452
95,452
Other Income
545
545
426,425
426,425
Expenses
Program Services 712,882 311,808 401,074
Supportive Services 107,567 30,092 77,475
820,449 341,900 478,549
Net Income /(Loss) (394,024) (52,124)
interest less $13,800 paid
Senior Housing Solutions
Statement of Activities
FYE 6/30/14 Audit
Rental Income
Contributions - in Kind rent
Contributions
Interest Income
Misc. Income
Porperty tax refund
Loss on Transfer of Fixed assets
Expenses
Audit Adjust for Deferred
Interest and Depreciation
Total and loss on sale
461,149
17,746
202
1,260
1,941
12,481
(19,581)
475,198
Adjusted
Total
461,149
17,746
202
1,260
1,941
12,481
(19,581) -
494,779
Program Services 676,846 341,627 335,219
Supportive Services 67,457 1,966 65,491
744,303 343,593 400,710
Net Income /(Loss) (269,105) 94,069
interest less $13,800 paid