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  • 2010 Financials

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    Southside Services had total assets of $72,433 as of December 31, 2010, with current assets including $61,220 in cash and $11,213 in property, equipment, and prepaid expenses. In 2010, Southside Services brought in total revenue of $253,797 from government contracts and contributions. Their expenses for 2010 totaled $246,701, with the largest expenses being $161,650 in employee wages and $25,853 in employee payroll taxes and benefits, resulting in a change in net assets of $7,096.

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    Southside Services had total assets of $72,433 as of December 31, 2010, with current assets including $61,220 in cash and $11,213 in property, equipment, and prepaid expenses. In 2010, Southside Services brought in total revenue of $253,797 from government contracts and contributions. Their expenses for 2010 totaled $246,701, with the largest expenses being $161,650 in employee wages and $25,853 in employee payroll taxes and benefits, resulting in a change in net assets of $7,096.

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    410 views1 page

    2010 Financials

    Uploaded by

    SouthsideServices
    Southside Services had total assets of $72,433 as of December 31, 2010, with current assets including $61,220 in cash and $11,213 in property, equipment, and prepaid expenses. In 2010, Southside Services brought in total revenue of $253,797 from government contracts and contributions. Their expenses for 2010 totaled $246,701, with the largest expenses being $161,650 in employee wages and $25,853 in employee payroll taxes and benefits, resulting in a change in net assets of $7,096.

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    December 31, 2010 Financial Position

    Southside Services

    CURRENT ASSETS
    Cash 61,220
    Property/Equipment/Prepaid Expenses 11,213
    TOTAL ASSETS 72,433
    CURRENT LIABILITIES 612
    NET ASSETS 71,821
    TOTAL LIABILITIES/ASSETS 72,433

    2010 REVENUE
    Government Contracts 252,621
    Contributions 1,176
    TOTAL 2010 REVENUE 253,797

    2010 EXPENSES
    Employee Wages 161,650
    Employee Payroll Taxes & Benefits 25,853
    Transportation – operation, maintenance & lease 13,164
    Occupancy 12,372
    Insurance 9,582
    Depreciation 5,525
    Accounting Services 4,850
    Telephone 3,559
    Program Supplies 3,125
    Dues, Fees, Publications & Miscellaneous 2,907
    Furnishings & Equipment 1,941
    Office Supplies 1,067
    Postage 946
    Mileage Reimbursement 163
    TOTAL 2010 EXPENSES 246,701

    CHANGE IN NET ASSETS 7,096

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