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1 LINCOLNCOUNCILONAGING,INC. FINANCIALSTATEMENTS RUSTON,LOUISIANA ANDADITIONALINFORMATION FORTHEYEARENDED JUNE30,201 Releasel:)ate~A~L].~-~Ol)Z

2 LINCOLNCOUNCILONAGING,INC. JUNE30,201 CONTENTS PAGE INDEPENDENTAUDITOR'SREPORT REPORTONINTERNALCONTROLANDCOMPLIANCE GENERALPURPOSEFINANCIALSTATEMENTS CombinedBalanceShet-AlFundTypesandAcountGroup CombinedStatementofRevenues,ExpendituresaudChangesinFund Balances-AlGovernmentalFundTypes 7-8 StatementofRevenues,ExpendituresandChaugesinFund Balances-Budget(GAPBasis)andActual-GeneralFundType StatementofRevenues,ExpendituresandChangesinFund 9 Balances-Budget(GAPBasis)andActual-SpecialRevenueFundType 10 SUPI.EMENTARYFINANCIALINFORMATION: Noles1oFinancialStatements 1-28 Schedulel-ScheduleofProgramRevenues,ExpendituresandChanges InFundBalances-GeneralFund Schedule2-CombiningScheduleofRevenues,Expendituresand Schedule3-ScheduleofProgramExpenditures-BudgetvsActual-Contracts ChangesinFundBalances-SpecialRevenueFunds AndGrantsProvidedthroughtheLouisianaGovernor'sOficeof Schedule4-ScheduleofPriorityServices-TitleI,PartB ElderlyAfairs(GOEA) GrantforSuportiveServices

3 LINCOLNCOUNCILONAG1NG~INC. JUNE30,201 CONTENTS Schedule5-ComparativeScheduleofGeneralFixedAsetsandChanges Schedule6-ScheduleofExpendituresofFederalAwards ingeneralfixedasets SCHEDULEOFINDINGANDQUESTIONEDCOSTS PAGE

4 RADIANL.HENIGAN CertifiedPublicAcountant 1503GodwinRoad,Suite1 Ruston,LA IndependentAuditor'sReport LincolnCouncilonAging,lne TotheBoardofDireclors Ruston,Louisiana71270 WehaveauditedtheacompanyingeneralpurposefinancialstatementsofLincolnCouncilon Aging,Inc.asofandfortheyearendedJune30,201,aslistedinthetableofcontents.These generalpurposefinancialstatementsaretheresponsibilityofthecouncil'smanagement.our responsibilityistoexpresanopiniononthesegeneralpurposefinancialstatementsbasedonour audit. Weconductedourauditinacordancewithgeneralyaceptedauditingstandardsandthe standardsaplicabletofinancialauditscontainedingovernmentauditingstandards,isuedby thecomptrolergeneraloftheunitedstates.thosestandardsrequirethatweplazandperfon theauditobtainreasonableasuranceaboutwhetherthegeneralpurposefinancialstatements arefi'eofmaterialmistatement.anauditincludesexamining,onatestbasis,evidence suportingthemnountsandisclosuresinthegeneralpurposefinancialstatements.anaudit alsoincludesasesingtheacountingprinciplesusedandsignificantestimatesmadeby management,aswelasevaluatingtheoveralgeneralpurposefinancialstatementpresen'lalion. Webelievethaiourauditprovidesareasonablebasisforouropinion. Inouropinion,thegeneralpurposefinancialstatementsreferedtoabovepresentfairly,inal materialrespects,thefinancialpositionoflincolncouncilonaging,inc.asofjune30,201 andtheresultsofitsoperationsfortheyearthenendedinconformitywithgeneralyacepted acountingprinciples. ]nacordancewithgovermnentauditingstandards,wehavealsoisuedoureportdated November15,201,onourconsiderationofLincolnCouncilonAging,Inc.'sinternalcontrol overfinancialreportingandourtestsofitscompliancewithcertainprovisionsoflaws, regulations,contractsandgrants. Ourauditwasperformedforthepurposeoforminganopiniononthegeneralpurposefinancial statementstakenasawhole.theacompanyingfinancialinformationlistedasuplemeutary financialinformation,beginingonpage31,ispresentedforpurposesofaditionalanalysismad isnotarequiredpartof!hegeneralpurposefinancialstatements.suchinformationhasben 1

5 subjectedtotheauditingproceduresapliedintheauditofthegeneralpurposefinancial statementsand,inouropinion,isfairlystated,inalmaterialrespects,inrelationtothegeneral purposefinancialstatementstakenasawhole. Respectfuly RadianL.Henigan CertifiedPublicAcountant Ruston,Louisiana November15,201

6 RAD/ANL.HENIGAN CertifiedPublicAcountant 1503GodwhlRoad,Suite1 Ruston,LA REPORTONCOMPLIANCEANDONINTERNALCONTROLOVERFINANCIAL REPORTINGBASEDONANAUDITOFINANCIALSTATEMENTSPERFORMED INACORDANCEBrITHGOVERNMENTAUDITINGSTANDARDS TotheBoardofDirectors LincolnCouncilonAging Ruston,Louisiana71270 Wehaveauditedthegeneralpurposefinancialstatements&theLincolnCouncilonAging,Ine asofandfortheyearendedjune30,201,andhaveisuedourepor~thereondated November15,201.Weconductedourauditinacordancewithgeneralyaceptedauditing standardsandthestandardsaplicabletofinancialauditscontainedingovernmentauditing Standards,isuedbytheComptrolerGeneraloftheUnitedStates. Compliance AsparlofobtainingreasonableasuranceaboutwhetherLincolnCouncilonAging,Inc.'s generalpurposefinancialstatementsarefreofmaterialmistatement,weperforatedtestsofits compliancewithcertainprovisionsoflaws,regulations,contractsandgrants,noncompliance withwhichcouldhaveadirectmadmaterialefectonthedeteninationofinancialstatement amounts.however,providinganopiniononcompliancewiththoseprovisionswasnot:an AuditingStandards. objectiveofourauditand,acordingly,wedonotexpresuchanopinion.theresultsofour testdisclosednoinstancesofnoncompliancethatarerequiredtobereportedundergovernment InternalControlOverFinancialReportin~ Inplaningandperformingouraudit,weconsideredLincolnCouncilonAging,Inc.'sinternal controloverfinancialreportinginordertodetermineourauditingproceduresforthepurposeof expresingouropiniononthegeneralpurposefinancialstalementsandnotoprovideasurance ontheinlemalcontroloverfinancialreporting.ourconsiderationoftheinternalcontrolover financialreportingwou/dnotnecesarilydisclosealmatersintheinten~alcontroloverfinancial reportingthalmightbematerialweakneses.amaterialweaknesisaconditioninwhichthe designoroperationofoneormoreoftheinternalcontrolcomponentsdoesnotreducetoa relativelylowleveltheriskthatmistatementsinamountsthatwouldbematerialinrelationto thegeneralpurposefinancialstatementsbeingauditedmayocurandnotbedetectedwithina timelyperiodbyemployesinolenormalcourseofperformingtheirasignedfunctions.we 3

7 holednomaltersinvolvingtheinternalcontroloverfinancialreportinganditsoperationlalwe considertobemalerialweakneses. Thisreportisintendedfortheinformationoftheauditcomite,management,andfederal awardingagenciesandpas-throughentities.however,thisreportisamaterofpublicrecord anditsdistributionisnotlimited. Respectfuly, RadianL.Henigan CertifiedPublicAcountant Ruslon,Louisiana November15,201 lw

8 GENERALPURPOSEFINANCIALSTATEMENTS

9 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA COMBINEDBALANCESHET-ALFUNDTYPESANDACOUNTGROUPS JUNE30,201 WITHCOMPARATIVETOTALSFORTHEYEARENDEDJUNE30,20 GOVERNMENTALFUND TYPES ASETS GENERALREVENUE SPECIAL GENERALGENERAL ACOUNTGROUPS CashGrantReceivable Duefi'omUSDAFund FixedAsets 53,3890 Amount1obeProvided forretironealof 2, ,050$ ASETSDEBT FIXEDLONG-TERM 2, ,439 21,634 $$$ 21,634 2,408 2,724 98,083 27,932 23,819 6,050 GeneralLong-TermDebl TOTALASETS 76,13$41,458$ ,634$1,652$30,857$367, ,652 $ 1,6521,757 ]LIABILITIES AcountsPayable DueloGeneralFund Long-TermDebt: AecumulatedUnpaid 685$0 2,724 0$ 050 TOTALIABILITIES Vacation , $ 0 2,72427, $ 0 0 1,652 1,652 25,06129,689 1,6521,757 FUNDOUITY FundEquity: Umeserved: FundBalances: lnvestmenlingeneral FixedAsets Undesignated 75,428 TOTALIABILITIESAND 0 18, , ,634 94, ,13 23,819 FUNDEQUITY $76,13$ 41,458$21,634$ 1,652$30,857$367,641 Theacompanyingnotesm'eanintegralpartofthesefinancialstatements 6

10 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 COMBINEDSTATES!lENTOFREVENUES,EXPENDITURESANDCHANGESIN WITHCOMPARATIVETOTALSFORTIlEYEARENDEDJUNE30,20 FUNDBALANCES-ALGOVERNMENTALFUNDTYPES FORTltEYEARENDEDJUNE30,201 TOTALS REVENUES lntergovcrmnental GENERAL PublicSuport lnlcreslincome 21,79$ REVENUE SPECIAL (MEMORANDUMONLY) 201 PrograulServiceFes TOTALREVENUES Misel~u~eous 3, , In-KindConlribudons 21,30 5, ,96 352,43 3, ,765 IEXPENDITURES 52, ,74 21,30 5,487 4, , ,673 21,30 8,03 Curenl:Salaries Fringe Operath~gServices Meals ,423 OperatingSuplies Travel 2,518 12,1 CapilalOutlay Ofl~crCosts 7,26 109, ,423 8,170 El-KindConlribuliuJls UililyAsistance 1, , ,432 12,1 168,28 6,019 13,902 1~68 14,261 1,047 76,724 15,650 1~895 TOTALEXPENDITURES 21,30 6,97 15,321,079 67,317 38, ,832 6, ,016 20,232 21,30 6,252 1,89 6,039 2,506 42, ,37 21,30 EXCES(DEFICIENCY)OF QTJERFINANCINGSOURCES(USES REVENUESOVEREXPENDITURES13,72 (23,058) (9,285) (2,704) OperatingTransferIn OperalingTransferOut Procedsfromsaleofixedasels (25,562) 0 50,750 (25,18) (50,750) 0 (61,641) 0 Exces(De~eieney)of RevenuesandOilierSources OverExpoldilurcsand OlherUses (1,790) 2,504 (9,285) (2,704) Theacompanyingnotesareanintegralpartofthesefinancialstatements 7

11 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 COMBINEDSTATEMENTOFREVENUES,EXPENDITURESANDCIANGESIN FUNDBALANCES-ALGOVERNMENTALFUNDTYPES FORTHEYEARENDEDJUNE30,201 (MEMORANDUMONLY) TOTALS FI)NDBALANCES BeginingofYear GENERAL PriorPeriodAdjustmenl EndofYear 86,353 REVENUE 865 SPECIAL $" 17,780 (1,50) 18,734 $ 104,13 94,1625; (686) 106, ,13 Theacompanyingnotesareanintegralpm'toflhesefinanc!alstatements 8

12 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 STATEMENTOFREVENUES,EXPENDITURES,ANDCHANGESIN FUNDBALANCE-BUDGET(GAPBASIS)ANDACTUAL-GENERALFUND FORTHEYEARENDEDJUNE30,201.REVENUES lnlergovernmenlal lnlercslincome Miseclaneous In-KindConlribulions TOTALREVENUES EXPEND]TURES Travel OperatingSeJ-vices OperatingSuplies 0tilerCosts CapilalOulay In-KindConlribulions TOTALEXPENDITURES BUDGETACTUAL ,721 5,487 21,30 52,287 2,518 7,261, , , ,721 5,487 21,30 52,287 2,518 7,261, , EXCES(DEFICIENCY)OFREVENUES OVEREXPENDITURES 13,72 13,72 OperalingTransfersIn OperalingTransfersOul Exces(Deficiency)of RevenuesandO hersources OverExpendilurcsandOlher Uses FUNDBALANCES BegimfingofYear PriorPeriodAdjuslmenl EndofYear 0 (25,562) 86, (25,562) (1,790) 86, $74,563$75,428 VARIANCE FAVORABLE (UNFAVORABLE) Theacompanyingnotesareanintegralpartofthesefinancialstatements 9 0 (I 0 0

13 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 STATEMENTOFREVENUES,EXPENDITURESANDCHANGESIN FUNDBALANCE-BUDGET(GAPBASIS)ANDACTUAL-SPECIALREVENUE FORTIlEYEARENDEDJUNE30,201 REVENUES lnlergovernulenla] PublicSuport luleres!income Miscelaneous TOTAl,REVENUES.EXPENI)ITURES Curent: Salaries Fringe Meals Travel OperatingServices OperatingSuplies OtherCosts CapitalOutlay UlilityAsistance TOTAl,EXPENDITURES $39,79$ 32,6890 1, , ,128 12, ,350 7,840 65,862 14,0 5,84 4,70 6,252 37,249 ACTUAL 324,748 35, ,423 12,1 109,432 8,170 69,498 13,902 1,047 6,97 6, EXCES(DEFICIENCY)OFREVENUES OVEREXH';NDH'URES 7,067 (23,058) OTItF,RFINANCINGSOURCES(USES OperatingTransfersIn OperatingTransfersOut Exces(1)eficieucy)of RevenuesandOtherSources OverExpendituresandOther Uses FUNI)BA1,ANCES BeginingofYear PriorPeriodAdjustment EndofYear 404(404) 50,750 (25,181 7,067 2,504 45, ,780 (1,5o) $18,734 VARIANCE FAVORABLE (UNFAVORABLE) $05,031 3,27 60 (1,8481 (23,542) (6,082) (30) (3,636)98 4,797 (2,297)o (3o,125) 50,346 (24,784) Theacompanyingnotesareanintegralpart&thesefinancialslalemenls 10

14 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTHEFINANCIALSTATEMENTS NOTE1-SUMARYOFSIGNIFICANTACOUNTINGPOLICIES a.reportingentity In1964,theStateofLouisimapasedAct456whichauthorizedthe chalerofvoluntarycouncilsolagingforthewelfareofagingpeoplein theirepresentativeparishes.chartersareisuedbythelouisiana SecretaryofStateuponaprovalbytheGovernor'sOficeofElderly Afairs.TheLincolnCouncilonAging,Inc.isanon-profit,quasi-public corporalionwhichmustcomplywilh1hepoliciesandregulations establishedbythegovernor'soficeofelderlyafairsthestateagency whichprovidesthecouncilwithmostofitsrevenues,otherentitiesthat providetlecouncilwithfederal,state,orlocalfundsmayimposesome aditionalrequiremenls. TheprimaryfunctionoftheLincolnCouncilonAging,Inc.istoimprove thequalityoflifefortheparish'selderlyandtoprovideservicestothe elderlyaswelascordinateandmonitortheservicesofotherlocal ageueieservingtheagingpeopleoftheparish.someoftheservices providedbytl~ecouncilincludecongregatemadhomedeliveredmeals, nutritionaleducation,informationandreferalservices,legalasistance, homemakerservices,discountservices,materialaid,outreachoperating seniorcemers,andtransportation.aboardofdirectors,consistingof15 voluntarymemberswhoservethre-yearterms,goverusthecouncil. TheCouncilisnotacomponentunitofanotherprimarygovernmentnor doesithaveanycomponentunitswhicharerelatedtoit.therefore,the Councilhaspresenteditsfinancialstatementsasaseparatespecialpurposegoverument. b.presentationofstatements InAprilof1984,theFinancialAcountingFoundationestablishedthe GovcrnmeutalAcountingStm~dardsBoard(GASB)topromulgate generalyaceptedacountingprinciplesandreportingstandardswith respectoactivitiesandtransactionsofstateandlocalgovcrmnental entities.innovemberof1984,thegasbisuedacodificationof GovernmentalAcountingandFinmaeialReportingStandards.This

15 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTHEFINANCIALSTATEMENTS codificationandsubsequentgasbpronouncementsarerecognizedas generalyaceptedacountingprinciplesforstateandlocalgovernments Theacompanyingfinancialstatementsconformtogeneralyacepted acountingprinciplesforstateandlocalgovermnents.thesestatements havealsoincorporatedanyaplicablerequirementsetforthbyauditsof StaleandLocalGovernmentalUnits,theindustryauditguideisuedby theamericaninstituteofcertifiedpublicacountmats:subsectionvi- AnualFinancialReporting,acountingmalforGovernor'sOficeof ElderlyAfairscontractors:and,theLouisianaGovernmentalAudit Guide. c.fundacounting: TheCouncilusesfundsandacountgroups1oreportitsfinmacialposition andtheresultsofitsoperations.fundacountingisdesignedto demonstralelegalcomplianceaj~dtoaidfinancialmanagementby segregatingtransactionsrelatingtocertainfunctionsoractivities. TheacountsoftheCouncilareorganizedonthebasisofundsand acountgroups,eachofwhichisconsideredaseparateacountingentity. Theoperationsofeachfundareacountedforwithaseparatesetofselfbalancingacountsthatcompriseitsasets,liabilities,equity,revenues, andexpenditures,orexpenses,asapropriate.resourcesarealocatedto theyare1obespentandthemeansbywhichspendingactivitiesare andacountedforinindividualfundsbaseduponthepurposeforwhich controled.thevariousfundsaregrouped,inthefinancialstatementsin tifsreport,inlotwogenericfundtypesandtwobroadfundcategories (acountgroups). GovernmentalfundsareusedtoacountforalormostoftheCouncil's generalactivities,includingthecolectionandisbursementofspecificor legalyrestrictedmonies,flaeacquisitionofgeneralfixedasets,andthe selwicingofgeneralong-termdebt. 12

16 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTHEFINANCIALSTATEMENTS Thegovernmentalfundsandflaeprogramscomprisingthen)aspresented intilefinancialstatementsaredescribedasfolows: GeneralFund TheGeneralFundis(hegeneraloperatingfundoftheCouncil.I1is usedtoacountforalfinancialresouresexcepthoserequiredtobe acountedforinanotherfund.thesediscretionaryfundsarcacounted forandreportedacordingtothesource(federal,state,orlocal)fi'om whichtheyarederived.inadition,theservicingofgeneralong-term debtisacountedforinthegeneralfundbecauseunrestrietedresources areused1opayfortheliabilitiesincuredbythisfundandthereareno legalmandateslouseadebtservicefund. Funds: ThefolowingtypesofprogramscomprisetheCouncil'sGeneral OtherLocal Revenues,suchas,(1)donationsfromthegeneralpublic,(2)income fi'omvariousfundraisers(3)programservicerevenuefromrenting MediealertunitsandprovidingMedicaidservices,and(4)interest incomearnedonidlefundswhichavebeninvested,haveben recordedinthe"otherlocal"programoflaegeneralfund.expenses incuredwhicharenotchargeabletospecificprogramsarerecordedas "oilierlocal"programexpenditures.also,expensesincun'ed1o pjvducerelatedprogramservicefesandfundraisingineomeare chargedas"otherlocal"programexpenditures."olherloeal"fundsare alsousedastransferstospecialrevenuefunds1osuplemeuthose programs.inadition,fixedasetaditionsaregeneralypaidwith "otherlocal"funds. SeniorActivities TheparticipantsatheCouncil'sSeniorCentersolicitpublicsuport throughactivities1ohel)ofsethecostaoperatingthesecentersas welastoraisefundsforactivitiesthatarenotpaidforthroughthe grantsfromthegovenlor'soficeofelderlyafairs.thetypesof activitiesusedtoraisethesefundsconsistofcraftsales,rafles,dances,

17 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTIlEFINANCIALSTATEMENTS andrefreshmentsales.]'hereisnorestrictiononhowthenetproceds oftheseactivitiesareused.however,anyexpensespaidbythe Counciltoasistheseniorcitizensinproducingrevenuesfortheir activitiesmustbereimbursedtothecouncilbytheseniorcitizensfiom therevenuestheygenerate. Local Localfundsarereceivedfromvariousources;suchfundsnotbeing restrictedtoanyspecialuse. PCOA(ACT735) PCOA(Act735)fundsareapropriatedfortheCouncilbythe LouisianaLegislatureandremitedtotheCouncilviatheGovernor's OficeofElderlyAfairs(GOEA).TheCouncilmayusethese"Act 735"fundsatitsdiscretionprovidedlheprogramisbenefitingpeople whoareatleast60yearsold. Section5310 Section5310fundsareprovidedbytheUnitedStatesDepartmentof TransportalionthroughtheLouisianaDepa~neutofTransportationand Development.FundsreceivedbylheCouncilarebasedonactual withinlincolnparish.thetransportationportionofin-kind operalingcostsofprovidingtransportalionservicestoruralresidents reimbursementundertifsprogram.becausemoneyreceivedunderthis programisforeimbursementofcostspreviouslyincured,thecouncil contributionsisanalowedcostforpurposesofrequesting canusethesefundsfordiscretionarypurposes.thisiswhythese Sl~ecialRevenueFunds Section5310fundsarerecordedintheCouncil'sGeneralFund. SpecialRevenueFundsareusedtoacountfortheprocedsofspecific revelmesources(olherthanspecialasesmeutsandmajorcapital projects)thalarelegalyrestrictedtoexpendituresforspecifiedpurposes. MostoftheCouncil'specialrevenuefundsareprovidedbyGOEA.The Title][IFundsareprovidedbytheUnitedStatesDeparlmentofHealth

18 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTHEFINANCIALSTATEMENTS andhumanservices-administrationolagingthroughfiaegovernor's OficeofElderlyAfairswhichinturn"pasesthrough"thefundstothe Council. ThefolowingarethefundswhichcomprisetheCouncil'sSpecial RevenueFunds: Title]I-B:OmbudsmanFund TileOmbudsmanFundisusedtoacountforfundsusedtoprovide peopleage60andolderesidinginlong-temacarefacilitiesa representativetoensureflatsuchresident'srightsareupheld,toresolve complaintsbyresidentswithfilemanagementofthelong-termcare facility,andtopromotequalitycareathefacility. TitleI-BSuortiveServicesFund Title]I-BSuportiveServicesFundisusedtoacountforfundswhich aretoprovideavarietyofsocialservices;suchas,informationand asistance,aceservices,in-homeservices,comnmnityservices,legal asistance,andoutreachforpeopleage60andolder. TitleIlI-CAreaA~olcvAdministration(A)Fund TileTitleI-CAreaAgencyAdministration(A)Fundisusedto acountforsomeoftheadministrativecostsasociatedwithoperating thespecialprogramsfortheaging. Title1C-]Fund TileTitleIC-1Fundisusedtoacountforfundswhichareusedto providenutritional,congregatemealstothelderlyinstrategicaly locatedcenters.duringthefiscalyearjulyl,20lojune30,201 thecouncilservedabout17,50congregatemeals. TitleIC-2HomeDeliveredMealsFund Title]IC-2Fundisusedtoacountforfundswhichareusedto providenutritional,homedeliveredmealstohomeboundolderpersons.

19 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,20J NOTESTOTIEFINANCIALSTATEMENTS DuringthefiscalyearJuly1,201oJune30,201,theCouncilserved about30,0homedeliveredmeals TitleI1-DFund TheIl-DFundisusedtoacountforfundswhichareusedtoprovide in-homeservicestofrailolderindividuals,includingin-home suportiveservicesforolderindividualswhoarcvictimsof Alzheimer'sdiseaseandrelatedisorderswithneurologicaland organicbraindysfunction,andtothefamiliesofsuchvictims. TitleI-Fund TheTitleIl-Ffundisusedtoacountforfundsusedfordisease preventionandhealthpromotionactivitiesorservices,suchas;(1) equipmentandmaterials(scalestoweighpeople,educationalmaterials, andexercisequipment),(2)homeinjurycontrol,(3)medication management,(4)mentalhealth,and(5)nutrition (asesment/screning,counseling,andeducation).thelawdirectsthe stateageueyadministeringthisprogramto"giveprioritytom'easofthe statewhicharemedicalyunderservedandinwhichtherearealarge numberofolderindividualswhohavethegreatesteconomicmadsocial laced." SeniorCenterFund TheSeniorCenterFundisusedtoacountfortheadministrationof SeniorCenterprogramfundsapropriatedbytheLouisianaLegislature tofiaegovernor'soficeofelderlyafairs,whiebinturn"pases through"thefundstothecouncil.thisprogramprovidescomnmnity servicecentersatwhicholderpersonsreceivesuportiveservicesand participateinactivitieswhichfostertheirindependence,enhancetheir dignity,andencouragetheirinvolvementinandwiththecomunity. TheCounciloperatestwoseniorcentersinLincolnParish,Louisim. Governor'sOficeofElderlyAfairsthatarerestrietedtouseasa TheAuditFundisused(oacountforfundsreceivedfi'omthe

20 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTHEFINANCIALSTATEMENTS suplementopayforthecostofhavingananualaudit(or compilation)ofthecouncil'sfinaucialstatements. UtilityAsistanceFund TheUtilityAsistanceFundisusedtoacountfortheadministrationof programslhalaresponsoredbylocalutilitycompanies,thecompanies colectcontributionsfi'omservicecustomersandemployesandremit thefundsdirectlytothecouncilortothelouisianaasociationof CouncilsonAging(LACOA),whichinturnremitsfundsrelatingto LincolnParishtotheCouncil.Thesefundsareusedtoprovide financialasistancetothelderlyforthepaymentof/heirutilitybils. U.S.D.A.Fund NutritionProgramfortheElderlyfundsprovidedbytheUnitedStates DepartmentofAgriculturethroughtheGovernor'sOficeofElderly TheU.S.D.A.Fundisusedtoacountfortheadministrationof Afairs,whichinturn"pasesthrough"thefundstotheCouncil.This programreimbursestheserviceproviderabout5centsforeach cougregaleandhome-deliveredmealservedtoaneligiblepartieipm~lso flintunitedslatesfodandcomoditiesmaybepurehasedto suplementheseprograms. d.acountgroups Anacountgroupisafinaneialreportingdevicedesignedtoprovide acountabilityforcertainasetsandliabilitiesthatarenotrecordedinthe fundsbecausetheydonotdirecdyafectnetexpendableavailable financialresources.thefolowingtwoacountgroupsarenot"funds". GeneralFixedAsets Thefixedasets(capitaloutlays)usedingovernmentalfundtype operafiousoflincolncouncilonaging,inc.areacountedfor (capitalized)inthegeneralfixedasetsacountgroupmadare recordedasexpendituresinthegovemeutfundtypeswhen purchased.

21 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTHEFINANCIALSTATEMENTS GeueralLone-TermDebt Long-temaliabilitiesexpectedtobefinancedfromgovernmental fundsareacountedforinthegenerallong-termdebtacount Group.TheGeneralLong-TermDebtAcountGroupshowsonlythe measurementofinancialpositionandisnotinvolvedwith measurementofresultsofoperations.principalandinterestpayments onlong-termliabilities(banklomasmadcapitaleaseobligations)are acountedforinthegeneralfundbecausethecouncilintendstouse unreslrictedresourcestopaythemandnolegalmandatexistslo e.basisofacounfing establishadebtservicefund. Theacountingandfinancialreportingtreatmentapliedtoafundis determinedbyitsmeasurementfocus.thegovernmentalfundsincluding lhegeneralandspecialrevenuefunds,areacountedforusingacurent financialresourcesmeasuremeutfocus.withthismeasurementfocus, onlycurentasetsandcurentliabilitiesaregeneralyincludedonthe balanceshet.operatingstatementsofthesefundspresentincreases (revenuesandotherfinancingsources)andecrease(expendituresand otheruses)inetcurentasets. Governmentalfundsaremaintainedonthemodifiedacrualbasisof acountingwhereinrevenuesarerecognizedintheacountingperiodin whichtheybecomeavailableandmeasurable.expendituresare recognizedintheacountingperiodinwhichtheliabilityisincured,if measurable,exceptforthefolowing. (1)Compensatedabsencesarerecordedasexpenditureswhenpaid withexpendableavailablefinancialresources. Transfers Advancesbetwenfundswhicharenolexpecledtoberepaidare acountedforastransfers.inthosecaseswhererepaymentisexpectedțhe thebalanceshet.short-terminterfundloansareclasifiedasinterfund receivables/payables advancesareclasifiedasduefromotherfundsorduetotherfundson

22 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTHEFINANCIALSTATEMENTS g.budgetpolicy TheCouncilusedthefolowingprocedurestoderiveinthebudgetary datawhichasbenpresentedinexhibitscanddoflbesefinancial statemeuls. TheGovernor'sOficeofElderlyAfairs"GOEA"notifies(he Councileachyearastothefundinglevelsforeachprograms'sgrant award. TheCouncilmayalsobtaingrantsfiomagenciesotherthan GOEAandtheCouncilconsidersthepoteutialrevenuestobe earnedunderflosegrants. Projectionsaremadeofrevenuesfi'omothersourcesbasedonpast trendsandatavailabletoformexpectationsofuturerevenues. TheExecutiveDirectorpreparesaproposedbudgelbasedonthe cxpeciedfundinglevelsandthensubmitsthebudgetotheboardof Directorsforaproval. TheBoardofDirectorsreviewsandadoptsthebudgetbeforeMay 31ofthecurentyearforthenextyear. TheadoptedbudgetisfolavardedtotheGovernor'sOficeof ElderlyAfairsforfinalaproval. Albudgetaryapropriationslapseathendofeachfiscalyear (June30).Ocasionaly,theCouncilwilreceiveaspecialproject grantwhichmayoperateonaperiodiferentfromthecouncil's normalfiscalyear,andtherefore,haveaspecifiedalewherethe budgetaryapropriationswilapse. Thebudgetispreparedonmodifiedaecrt~albasis,consistentwith tlaebasisofacounting,forcomparabilityofbudgetedandactual revenuesandexpenditures,

23 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTHEFINANCIALSTATEMENTS Budgetedmnountsincludedintheacompanyingfinancial statementsincludetheoriginaladoptedbudgetamountsmadal subsequentamendments.therewasonlyoneamendmentduring theyearwhichwasefective3ue1,201. Actualamountsarecomparedtobudgetedamountsperiodicaly duringthefiscalyearasamanagementcontroldevice. TheCouncilmaytransferfundsbetwenlineitemsasoftenas requiredbutnmstobtainprioraprovalfromthegovernor'sofice ofelderlyafairsforfimdsreceivedundergrantsfromibislate agency.asapartofthisgrantawards,goearequiresthecouncil tomnenditsbudgetincaseswhereactualcostsforaparticularcosl categoryexcedthebudgetedamountbymoreihma10%. Otherwise,thexcescostscouldbelabeledasunaulbodzed expenditures. Expenditurescanotlegalyexcedapropriationsonmlindividual fundlevel. GeneralFundactivitiesarenotbudgeted,particularlyiflheyare TheCouncilisnotrequiredbystateorlocalawtoprepareabudget foreveryprogramoractivityitconducts.acordingly,some demedtobeimaterialbymanagement. Amountswerenotbudgetedforevenuesandexpensesforfile UtilityAsistaueFundbecausetheywerenotlegalyrequiredand theanmuntofrevenuetobereceiveduderibisprogramcouldnot h.comparativedata bedetermined. Comparativedatafortheprioryearhavebenpresentedinthe acompanyingfinancialstatementsinordertoprovideanunderstandingof changesinthecouncil'sfinancialpositionandoperations.however, presentationofcomparativedatabyfundtypehavenolbenpresenledin eachofthestatementsincetheirinclusionwouldmakethestatements undulycomplexandificultoread. 20

24 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTIlEFINANCIALSTATEMENTS Totalcolumnsonthecombinedfinancialstatementsarecaptioned "naemorandunlonly"toindicatethatheyarepresentedonlytohelpwith financialanalysis.datainflesecolumnsdonotpresentfinancialposition, resultsofoperations,orchm~gesinfinancialpositioninconformitywith generalyaceptedacountingprinciples.neitherisuchdatacomparable toaconsolidation.interfundeliminationshavenotbenmadeinfl~e agregationofthisdata. i.fixedasets,includingpropertyleasedundercapitalleases Asetswhichcostatleast$10m~dwhichaveanestimatedusefulifea greaterthaniyeararecapitalizedasfixedasets.alfixedasetsare statedathistoricalcostorestimatedhistoricalcost,ifactualhistoricalcost isnotavailable.donatedfixedasetsarestatedatlheirestimatedfair marketvalueonthedatedonated.nodepreciationhasbenprovidedon generalfixedasets. Capitaleasesarerecordedatheinceptionoftheleaseascapitaloutlay expendituresandoflaerfinancingsourcesingovernmentalfundtypesand asasetsandliabilitiesinthegeneralfixedasetandgenerallong-term Debtacountsgroups,respectively,athepresentvalueofthemininm leasepayments,usingtheinterestratestatedintheleases.lease paymentsarerecordedasexpendituresontheduedate;theportionofthe paymentsaplicabletoprincipal,determinedbyusinginterestrates implicitinthelease,isreportedasareductionofthecapitalizedlease obligationinthegenerallong-termdebtacountgroup j.compensatedabsences Forgoverumentalfundtypes,theCouncil'sliabilityforacumulateunpaid vacationhasbenrecordedinthegeneralong-termdebtgroupof acounts,theliabilityhasbendelem~jnedusingthenumberofvested vacationhoursforeachemployemultipliedbythemploye'scurent wagerateathendoficeyear.anamountisadedtothistotalfor socialsecurityandmedicaretaxes.acruedvacationbenefitswilbepaid fi'omfutureyears'resourcesandwilberecordedasfundexpendituresin thevariousgovermnentalfundsintheyeminwhichtheyarepaidor becomedueondemandtoterminatedemployes.thecouncil'sick

25 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTHEFINANCIALSTATEMENTS leavepolicydoesnotprovideforthevestingofsickleavewherepayme~)t wouldhavetobemadetoaterminatedemployeforanyunusedportion. k.relatedpartytransactions Therewerenotanyrelatedpartytransactionsduringthefiscalyear 1.RestrictedAsets: Restrictedasetsrepresentasetswhichavebenprimarilyacquired throughdonationswherebythedonorhasplacedarestrictiononhowthe donationcanbeusedbythecouncil(i.e.,utilityasistancefunds). RestrictedasetsareofsetbyacorespondingreservationoftheCouncil's m.reservationanddesignationsoffundbalmlces firedbalance. TheCouncil"reserves"portionsofitsfundbalancethatarenotavailable forexpenditurebecauseresourceshavealreadybenexpended(butnot consumed),oralegalrestrictionhasbenplacedoncertainasetswhich makethemonlyavailabletometfutureobligations. DesignatedalocationsofundbalancesresultwhentheCouncil's managementintendstoexpeudcertainresourcesinadesignatedmaner u.prepaidexpenses TheCouncilhaselectednotoexpenseamountspaidforfutureservices untilthoseservicesareconsumedtocomplywiththecostreimbursement lermsofitsgrantagrements.thefundbalancesinthegovernmental fundtypeshavebenreservedforanyprepaidexpensesrecordedinthese fundstoreflecthemnountofundbalaucenotcurentlyavailablefor expenditure.atyearend,therewerenotanyprepaidexpenses. o.managcment'suseofestimates Thepreparationofinm~cialstatementsinconformitywithgeneraly aceptedacountingprinciplesrequiresmanagementomakestimates

26 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTItEFINANCIALSTATEMENTS andasumptionsthatafectcertainreportedamountsandisclosures NOTE2-RevenueRecoznition-lntergovernmetal,ProgramServiceFes,Public Acordingly,actualresultsmaydiferfromflosestimates. SuoDort,andMiscelaneousRevenues Interaovernmental ln(ergovementalrevenuesarerecordedingovernmentalfundsasrevenuesin theacountingperiodwhentheybecomesusceptibletoacrual,lbatis, measurableandavailable(modifiedacrualbasis),lntergoverumetalgrantsdo notalowthecounci!torecognizerevenueunderthegrantawarduntilactual costsareincuredorunitsofserviceareprovided. ProgrmnservicefesarerecognizedwhenfileCouncilprovidestheserviceflint ProgramServiceFes entitlesthecounciltochargetherecipientfortheservicesreceived. PublicSunDorlandMiscelaneousRevenues TheCouncilencouragesandreceivescontributionsfromclientstohelpofset thecostsoflaetitlei-b,c-l,c-2anddprograms.utilityasistancefunds areprovidedfrompublicdonationsviautilitycompanyprograms.inadition, vm'iousfundraisersarehelduringtheyeartobtainfundstofsetcostsof receipts&publicsuportandmiscelaneousrevenuesaredificultopredict; geueraloperationsandsenioractivities.thetimingandamountsofthe periodreceived. therefore,theyarenotsusceptibletoacrualandarerecordedasrevenueinthe NOTE3-CashinBank TheCouncilmaintainsaconsolidaledbankacountodeposithemoneyit colectsandtopayitsbils.theconsolidatedbankacountisavailableforuse byalfunds.thepurposeoftbisconsolidatedacountistoreduce administrationcostsandfacilitatecashmlagement.theconsolidatedacount alsoalowsthosefundswithavailablecashbalancestocoveranynegativecash balancesinotherfundsa(yearend.atjune30,201,thebalanceofthe

27 LINCOLNCOUNCILONAGING,INC. RUSTON~LOUISIANA JUNE30,201 NOTESTOTHEFINANCIALSTATEMENTS Council'sconsolidatedbankacountwas$863.Therelaledbankbalance (colectedeposits)athatdalewas$23,169.alofthedepositswerecovered byfederaldepositoryinsurance.gasbstatement3categorizesthecreditrisk NOTE4-Investments ofthesedepositsascategory1becausetheyarefulyinsured. Slatestatutesauflofizetl}eCounciltoinvestemporarilyidlemoniesinthe folowing: I.UnitedStatesTreasuryBonds, 2.UnitedStatesTreasuryNotes, 3.UnitedStatesTreasuryBils, 4.ObligationsofU.S.GovernmentAgencies,includingsuchinstrumentsas FederalHomeLoanBankbonds,GovenmaentNationalMortgage 5.Fulycolateralizedcertificatesofdepositisuedbyqualifiedcomercial Asociationbonds,oravarietyof"FederalFanCredit"bonds, 6.Fulyeolaleralizedrepurchaseagrements, banksandsavingsandloanasociationslocatedwithinthestateof Louisiana, 7.Fulyeolateralizedinterest-bearingcheckingacounts,and 8.MulualorTnJslFundinstitutionswhichareregisleredwiththeSecurilies andexchangeconisionunderthesecurityactof193andlhe InvestmentActof1940,andwhichaveunderlyinginvestmeuls consistingsolelyofandlimitedtosecuritiesoftheunitedstates TheCouncil'sprimarypurposeforinvestingistoearninterestincomeon Governmentoritsagencies. moneyflinthasbendeterminedtobeinexcesofimediatecashneds.

28 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTHEFINANCIALSTATEMENTS AtJune30,201,investmentsconsistedofthefolowing TypeofInvestment AmericanBank Amount Rate Maturity_ InterestBearing ComunityTrustBank CheckingAcount 38,5 3.5% InterestBearingChecking4, % Aloflheabovedepositswerecoveredbyfederaldepositoryinsurance (Category1) Theaboveinveshnentshavebenrecordedatcost,whichaproximatesmarket value.themarketvalueoftheaboveacountsdonotfluctuale.management intendstoholdalinvestmentsuntiltheirmaturity,thus,noentryhasben madeonthebokstorefleclanyincreasesordecreasesinmarketvalueatyear NOTE5-GrantsReceivable end. GrantsReceivableatJune30,201,consistedofreimbursementsforexpenses incuredunderfl~efolowingprograms: Funding Agency NOTE6-Chan~esinGeneralFixedAsets U.S.D.A SpecialRevelme GOEA $2,408 Balance June30 OficeFurniture&Equipment$2~8_1_9 20 Balance $19~18_$~9Q3_$21~63=4 AditionsDeletions201 June30 25

29 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTHEFINANCIALSTATEMENTS NOTE7-InKindDonations TheCouncilreceived$21,30invariousin-kindcontributionsduringtheyear whichavebenvaluedatheirestimatedfairm'ketvaluemidpresentedin thisreportasrevenue.relatedexpenditures,equaltothein-kindrevenues, havealsobenpresented,therebyproducingnoefectonetincome. Asumaryoflhein-kindcontributionsandtheirespectiveasignedvaluesis asfolows: Seniorcenlerhnealsitefacilitiesandhealthscreningsitesarefurnishedtofile Councilwithoutcharge. TileCouncilreceivedaditionalsuporthroughservicescontributedby voluntersflatdoesnotmethecriteriaforecognitionundergeneraly aceptedacountingprinciplesbecausethecouncilwouldnothireaditional NOTE8-Board&Directors'Compensation paidemployestoperformtheseservicesifvolunterswerenotavailable. TheBoardofDirectorsisavoluntaryboard;therefore,nocompensationhas benpaidtoanymember.however,boardmembersarereimbursedforoutof-towntravelexpensesincuredinacordancewiththecouncil'sregular personelpolicy. NOTE9-IncomeTaxStatus TheCouncil,anon-profitcorporation,isexemptfromfederalincometaxation undersection501(e)(3)oftheinternalrevenuecodeof1986andasan organizationthaisnotaprivatefoundationasdefinedinsection509(a)of NOTE10-Chan~esinLon~-TenDebt flaecode.itisalsoexemptfromlouisianaincometax. Long-termliabilitiesthatwilbefinancedfromgovernmentalfundsare acountedforinthegeneralong-termdebtgroupofacounts.thefolowing isasumaryofchangesinthegeneralong-termdebtacountgroup.

30 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTHEFINANCIALSTATEMENTS Balance NetIncrease Reductions) Acumulatedunpaid Vacation $_1.757 $_~ $_1~_52 NOTE1-Judgements,ClaimsandSimilarContingencies Thereis1olitigationpendingagainstheCouncilatJune30,201. Furlhemlore,theCouncil'smanagementbelievesthatanypotentialawsuits wouldbeadequatelycoveredbyinsurane. NOTE12-FederalAwardPrograms TheCouncilreceivesrevenuesfromvariousfederalandstategrantprogranas whicharesubjectofinalreviewandaprovalastoalowabilityof expendituresbytherespectivegrantoragencies.theseprogramsareaudiled inacordancewiththesingleauditaetamendmentsof196.any setlementsorexpensesarisingoutofafinalreviewarerecognizedinthe periodagreduponbytheagencyandthecouncil.also,itismanagemcnt's opinionthatanyauditsbythegrantoragencieswouldnotproducedisalowed programcostsandliabilitiestosuchanextenthatheywouldmaterialy NOTE13-EconomicDe )endencv afectlhecouncil'sfinaneialposition throughgrantsadministeredbythelouisianagovernor'soficeofelderly Afairs.Tilegrantamountsareaproprialedeachyearbythefederaland TheCouncilreceivesfilemajorityofitsrevenuefromfundsprovided stalelevel,theamountofthefundsthecouncilreceivescouldbereduced stategovernments.ifsignificantbudgetcutsaremadeathefederaland/or notawareofanyactionsthatwiladverselyefectheamountofundsfile Councilwilreceiveinthenextfiscalyear. significantlyandhaveanadverseimpactonitsoperations.managementis 27

31 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA JUNE30,201 NOTESTOTHEFINANCIALSTATEMENTS NOTE14-RiskManaement TheCouncilisexposedtovariousrisksoflosrelated1otorts;theftsof, damageto,andestructionofasets;erorsandomisions;injuries1o employes;andnaluraldisasters.thecouncilhaspurchasedcomercial insurancetocoveroreducetheriskoflosthatmightariseshouldoneof theseincidentsocur.nosetlementsweremadeduringtheyearthatexced NOTE15-InterfundTransfers thecouncil'sinsurancecoverage. Operatingtransfersinandoutarelistedbyfundfor201 FundsTransferin~In FundsTransferin~Out: SeniorCenter Title1-F Title1-B TitleC-1 19, TitleC-2-4,158 - TitleI-D Ombudsman TitleIA 2, $-0-$-0-3, $ ,080-0-]0, , ,902 USDA = , , TOTALS$_21fl79$4,158$_3~783$_2~041$6.!-9$50~ NOTE16-PriorPeriodAdius(ments ThepriorperiodadjustmentwasmadetoGeneralFundforthefolowing reasons: CapitalOutlaytobe 9USDAInterestIncome$59 0USDAInterestIncome$951 ThepriorperiodadjustmentmadetoUSDAwasduotoInterestIncomedue ReimbursedtoGOEA<$685> togeneralfund. $865

32 ~!]PLEI~4ENTAR~FINANCIALINFORMATION

33 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA FORTIlEYEARENDEDJUNE30,201 CHANGESINFUNDBALANCE-GENERALFUND REVENUES ]ntergovemenlal: OficeofElderlyAfairs LocalGovernments InterestIncome ProgramSeJ~,iceFes In-KindContibutions EXPENDITURES Cun'ent: Travel OperatingServices OperatingSuplies OtherCosts CapitalOutlay In-KindContributions TOTAl,EXPENDITURES ExcesofRevenuesOver (Under)Expenditures flthf,rfinancingsol]rces(uses OperatingTransfersIn OperatingTransfersOut ExcesofRevenuesandOtler SourcesOver(Under) ExpendituresandOtherUses PROGRAMSOFTHEGENERALFUND LOCAL PCOA (UNRESERVED)(ACT735)TOTAL 0$ 0 3,721 5,487 21,3o 30,508 2,518 7,26 1, ,019 21,30 38,515 21, ,790 3,721 5,487 21,30 52,287 2,518 7,26 1, ,019 21,30 38,515 (8,07)21,79 13,72 0 (3,783) 0 (21,79) 0 (25,562) (1,790) 0(1,790) Theacompanyingnotesareanintegralpm~ofthesefinmacialstatements 30

34 LINCOLNCOUNCILONAGING,1NC FORTHEYEARENDEDJUNE30,201 RUSTON,LOUISIANA SCHEDULEI CHANGES1NFUNDBALANCE-GENERALFUND FPROGRAMREVENUESANDEXPENDITURESAND PROGRAMSOFTHEGENERALFUND FUNDBALANCES (UNRESERVED).(ACT735) LOCAL PCOA BeginingofYear PriorPeriodAdjustment 86, TOTAL 86, EndofYear 75,428$ 0$75,428 Theacompanyingholesareanintegralpart&thesefinancialstalemenls 31

35 LINCOLNCOUNCILONAGING,INC. FORTIEYEARENDEDJUNE30,201 RUSTON,LOUISIANA SCHEDULE2 TITLE1I-B TITLEI-C OMBUDSMANSERVICESADMIN.TITLE]I SUPORTIVEAGENCY AREA C-ITITLE1 C-2 REVENUES lnlergovernmenlal: PublicSuporl: Governor'sOficeof LAsociationCouncil ElderlyAfairs 5,404$70,512$15,794 50,857$18,45 lnlerestincome ClientContributions onaging 0 9, , ,079 0 ~EXPENDITURES TOTALREVENUE 5,404 79,919 15,794 61, ,524 Cirenl: Salaries hinge Meals Travel OperatingServices 4, ,405 8,984 28,46 CapilalOutlay OperatingSuplies 2,02 4,7450 1,134 OflmrCosts 32, ,19 38,184 UtilityAsistance 1, , , , ,49 2,964 4,354 1,358 1, , , , ,82115,984 72,017142,85 0 Exces0fRevenues Over(Under)Expendilures (2,234) (27,902) (190)(10,080)(10,31) OTHERFINANCINGSOURCES(USES OperalingTransfersIn OperalingTransfersOut ExcesofRevenues SourcesOver(Under) ExpendiluresandOflmrUses 2,234 27, ,08010, Theacompanyingnotesareanintegralpm-tofthesefinancialstatements 32

36 LINCOLNCOUNCILONAGING,INC. FORTHEYEARENDEDJUNE30,201 RUSTON,LOUISIANA SCHEDULE2 CItAN(~ER1NFINDRAI,ANCES-SPECIALREVENUEFUNDS SENIOR CENTER GRANTSTITLE MISC Il-F AUDIT FUNDSUTILITY ASISTANCEUSDA TOTAL $27,25$4,158$2,284$2,32$ 0$27,747$ , ,25 4,158 2,32 1,4061 1,461 27, ,5661 1,40 360,75 15,368 1, ,423 7, ,432 12,1 69,498 8,170 2, , , , , , ,32 0 6, ,902 1,047 6,97 6, ,832 6, ,158 (13) 0 (4,831)27,747 (23,057) 0(619) (4,158) (20,41) 0 5o,750 (25,18) (4,831)7,36 2,505 Theacompanyingnotesareanintegralpartofthesefinancialstatements 3

37 LINCOLNCOUNCILONAGING,INC. FORTHEYEARENDEDJUNE30,201 RUSTON,LOUISIANA SCHEDULE2 I'~flIVIRIN1Nf~.,qCltl~,l1,EOFPRI'I~RAMREVENUES.EXPENDITURESAND f~hano~,r1nfindra1.ances-special.revenuefunds TITLEI-B TITLEI-C FINDBALANCE-(DEI~ICIT OMBUDSMANSERVICESADM1N. SUPORTIVEAGENCY AREA BeginingofYear PriorPeriodAdjustmenls EndofYear TITLEIl C-I TITLEIl C Theacompanyingnotesareanintegralpartofthesefinancialstatements 34

38 IANCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA FORTIlEYEARENDEDJUNE30,201 SCHEDULE2 SENIOR CENTER GRANTST]TLE MISC 1-F AUDIT FUNDS ASISTANCEUSDA UTILITY TOTAL 0 0 5,327 12,453 (1,50) 17,780 0$ 0$ 0$ 0$ 496$18,239$18,735 (1,50) Theacompanyingnotesareanintegralpartofthesefinancialstatements 35

39 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA FORTHEYEARENDEDJUNE30,201 SCHEDUIJ23 SCIEDULEOFPROGRAMEXPENDITURES-BUDGETVSACTUAL-CONTRACTS ANDGRANTSPROVIDEDTHROUGHTHELOUISIANAGOVERNOR'S LOCAL-1JNRESERVED Travel OperatingSen,ices OperatingSuplies OtherCosts CapilalOutlay TOTALS STATEOFLOUISIANA-ACT735 OlherCosls CapitalOutlay TransferstoOtherFunds Supt)orliveService 1-A ]l-c-i Il-F OMB TOTALS OFICEOFELDERLYAFAIRS(GOEAI re1-bsuportiveser Salaries Fringe Travel OperatingSen,ices OperatingSuplies OlherCosls CapitalOutlay BUDGETED EXPENDITURES 2,518 7,26 1, ACTUAL EXPENDITURES 2,518 7,26 1, $ 17,215$ 17,215$ 0 19, , $ 21,79$ 61,706$ 4,819 1,085 31,563 5,21 2, TOTALS $ 108,915$ 36 61,405$ 4,745 1,134 32,164 5, ,821$ VARIANCE FAVORABLE (UNFAVORABLE) (49) (601) (602) 1,

40 LINCOLNCOUNCILONAGING,INC. FORTIlEYEARENDEDJUNE30,201 RUSTON,LOUISIANA SCHEDULE3 IEDULEOFPROGRAMEXPENDITURES-BUDGETVSACTUAL-CONTRA ANDGRANTSPROVIDEDTHROUGHTIlELOUISIANAGOVERNOR'S OFICEOFELDERLYAFAIRS(GOEA~ TITLEIl-CAREAGENCYADMINISTRATION EXPENDITURES BUDGETED Salaries Fringe Travel $ 8,901$ EXPENDITURES ACTUAL VARIANCE OperatingServices OperatingSuplies ,984 (UNFAVORABI,E) FAVORABLE (1) (83) 0 OtherCosls (169) CapitalOutlay TITLEI1C-1 TOTALS 4, , (34) 15,794$ $ ]4(37) (190) Fringe Salaries 27,]7$ MealsRawFod 2,121 28,46 Travel OperatingSelf,ices LaborandNon-edibles ,19 (1,269) (TS)0 OperalingSuplies , ,170(5) OtherCosts CapitalOulay TITLEI1C-2 TOTAI.S , , (924)(86) 219 $ 72,017$ Salaries Fringe 39,372 MealsRawFod 3,076 38,184$ Travel LaborandNon-edibles 6, ,490 1, ,354 (14,19)0(29) 37

41 LINCOLNCOUNCIl.ONAGING,INC. FORTItEYEARENDEDJUNE30,201 RUSTON,LOUISIANA SCHEDUI~3 SCItEDULEOFPROGRAMEXPENDITURES-BUDGETVSACTUAL-CONTRACTS ANDGRANTSPROVIDEDTHROUGHTHE1,OUIS]ANAGOVERNOR'S OFICEOFELDERLYAFAIRS(GOEA) OperalingServices OperatingSuplies EXPENDITURES BUDGETED OtherCosts 1,58 EXPENDITURES ACTUAL CapilalOulay 5, ,358 FAVORABLE VARIANCE TOTALS SENIORCENTER $ 142,85$ 4, (UNFAVORAB1,E) (1,969) Salarics Fringe OperatingServices 9,972 OperatingSuplies 1,209 7,50 5,368 TOTALS ,195 7,501 $ 31,381$ ,606$ TITLEIl-F AUDITFUNDS CapitalOulay UTILITYASISTANCE OperatingServices $ 2,32$ 2,32$ UtililyAsistanceProgram: MISCELANEOUSGRANTS Enlergy-HelpingHands 2,506$ ']'I~nsfertoIl-B 4,50$ 4,158$

42 LINCOLNCOUNCILONAGING,INC. ~ORTHEYEARENDEDJUNE30,201 RUSTON,LOUISIANA SCHEDULE3 EDULE ANDG RANTSPROVIDEDTHROUGHTIlELOUISIANAGOVERNOR'S FPROGRAMEXPENDYI'URES-BUDGETVSACTUAL-CONTRA OFICEOFELDERLYAFAIRS(GOEA~ U.S.D.ATransfer otile]ic-1 EXPENDITURES BUDGETED Transfer1oTitleIlC-2 OMBUDSMAN TOTALS ,080$ EXPENDITURES ACTUAL VARIANCE 10,080$ (UNFAVORABLE) FAVORAB1.E 20,41$ ,41$ Salaries Fringe Travel 4,560$ OperatingSep,'ices 357 OperatingSuplies 2,016 4, ,02 OlherCosts CapflalOulay TOTALS 1, ,42$ 1, ,638$

43 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA SCHEDULEOFPRIORITYSERVICES- TITLE1,PARTB-GRANTFORSUPORTIVESERVICES FORTIlEYEARENDEDJUNE30,201 Aces(30%):AsistedTranspol~ation CaseManagement Transpol~.ation Information&asistance Oulreach Totalacesexpenses I1-tome(15%)Homemaker HomeRepair Totalin-homexpenses Legal(5%):Legalasistance Non-priorityservices TolalTitleIBSuportiveservicesexpenditures Les:Palticipm~tcontributions Transfersin Other/LocalFunds Title1B-Supor iveselwicesgrant StateFunds 37,01 4,069 39,761 4,694 2,149 5,529 6,917 SCHEDULE4 #OF GOEA GRANT 87, % 12,46 2,383 5, ,821 (9,407) (24,19) (3,783) 70, ,853 Originalgrm~tawardnetofaditional stalehomemakerandtranspol~ationfunds andtransfersofcontractalotments $47, % 5.0%

44 LINCOLNCOUNCILONAGING,INC. FORTHEYEARENDEDJUNE30,20]AND201 RUSTON,LOUISIANA SCHEDULE5 BALANCE JUNE30 20ADITIONSDELETIONS201 BALANCE JUNE30 ~NERALFIXEDASETS,ATCOST: OficePamilure&Equipmenl $23,819$10,718$32,903$21,634 ProperlyAcquiredPrior1o7/1/85" ProperlyAcquiredAfter7/1/85from TitleIlC-I Title1C-2 Title1C-I-A 14,262 TitleIlB-S 20,308 Acl735 5,519 3,176 General~md 13,786 SeniorCenler 41,510 3,7941,19 12,261 17,501 TitleI-D 47,90 TitleI-F 39,375 3, OMBUDSMAN 1,467 5,950 40,768 5,152 Section ,723 6,610 47,968 1,608 SuplementalSeuiorCenler 30,410 2,253 6,372 32,714 1,467 2, ,351 30,140 1,398 2,306 GENERALFIXEDAR,qETR $23,819$10,718$32,903$21,634 *Recordsreflectingsourcesfromwhidlaselswere acquiredwerenolmainlafledprior1o7/1/85 41

45 LINCOLNCOUNCILONAGING,INC. RUSTON,LOUISIANA FORTHEYEARENDINGJUNE30,201 SCHEDULE6 FEDERALGRANTOR/PASTHROUGH FEDERALPROGRAM De_oartmenlofHealhandHumanSelvies NUMBERAMOUNTRECOGNIZEDEXPENDITURES CFDAORAWARDREVENUE PasedThroughfileLouisianaGovernor's OficeofElderlyAfairs: SpecialProgramsfortileAging: Title1B-SuportiveServices TitleIC-AreaAgency Tile1C-I-CongregateMeals TitleIC-2-HomeDelivered Admfifistration ,510 TitleIlI-B-Ombudsman Meals ,845 40,510 38,670 TitleIl-F-Frail,elderlyasislane (Long4ernacare) ,145 1,845 40,510 38,670 Dcl)alme,nlofAoriculinre, ,69 25,145 38,670 1,845 2,284 3,69 25,145 2,284 3,69 2,284 PasedTlu'oughtimLouisianaGovernor's OficeofElderlyAfairs: U.S.D.A.-CashinLieuof To~I Comodities ,123 37,0 27, , ,870 27,747 42

46 SCHEDULEOFINDINGANDQUESTIONCOSTS LINCOLNCOUNCILONAGING,INC. FORTIlEYEARENDEDJUNE30,201 A.SUMARYOFAUDITRESULTS 1.Theauditor'sreportexpresesanunqualifiedopiniononthegeneralproposefinancial statementsoflincolncouncilonaging,inc. 2.Noreportableconditionswerediscloseduringtheauditofthegeneralpurposefinancial statements. 3.Noinstancesofnoncompliancematerialtothegeneralproposefinancialstatementsof LincolnCouncilonAging,Inc.,Inc.werediscloseduringtheaudit. 4.Theremenomajorprograms 5.ThethresholdfordistinguishingTypesAandBprogramswas$30,0 6.LincolnCouncilonAging,Inc.wasnotdetemainedtobelow-riskaudite B.FINDINGS-FINANCIALSTATEMENTSAUDIT None C.FINDINGSANDQUESTIONEDCOSTS-MAJORFEDERALAWARD PROGRAMSAUDIT None 43