# T.H.E. Clinic, Inc.

Health Center, CA
Page: https://astrelis.co/providers/health_center/051196  
This twin: https://astrelis.co/providers/health_center/051196.md  
CMS Certification Number (CCN): 051196  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2019 to 2025)

- **Total patients (UDS) (FY2024):** 12,370. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2025):** -44.2%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 7. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 6.2%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $15.8M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** +7.0%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center

## Audited financial statements (Federal Audit Clearinghouse)

Read from the FAC-11 template of the audited statements: every line, every ratio and every status column print as the template carries them, and no figure is withheld. A report's tie status says whether its statements foot; a ratio's plausibility status says whether it sits inside its possible range; a median of fewer than five values says so. The figures were not audited by Astrelis. Contract: https://astrelis.co/methodology/fqhc-audit-contract

### T.H.E. CLINIC, INC. dba T.H.E. HEALTH AND WELLNESS CENTERS, CA

Match to this profile: identifier verified: the EIN the dataset carries for this CCN agrees with the filed EIN (method: exact name and state (FACLAND tier 1)).

- FY ending 2025-06-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-06-GSAFAC-0000400127
- FY ending 2024-06-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-06-GSAFAC-0000353657
- FY ending 2023-06-30 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-06-GSAFAC-0000029126

| Line | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 15,924,839 [derived, p.16] | 14,321,650 [derived, p.16] | 14,167,320 [derived, p.16] |
| patient receivables, net (Statement of financial position) | 1,747,932 [derived, p.16] | 1,664,500 [derived, p.16] | 1,495,983 [derived, p.16] |
| grants and other receivables (Statement of financial position) | 678,688 [derived, p.16] | 462,106 [derived, p.16] | 1,022,964 [derived, p.16] |
| other current assets (Statement of financial position) | 133,328 [derived, p.16] | 154,563 [derived, p.16] | 118,884 [derived, p.16] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 18,484,787 [extracted, p.16] | 16,602,819 [extracted, p.16] | 16,805,151 [extracted, p.16] |
| property and equipment, net (Statement of financial position) | 5,313,625 [derived, p.16] | 5,325,422 [derived, p.16] | 5,309,383 [derived, p.16] |
| other long-term assets (Statement of financial position) | 4,289,930 [derived, p.16] | 1,736,135 [derived, p.16] | 2,427,890 [derived, p.16] |
| TOTAL ASSETS (Statement of financial position) | 28,088,342 [extracted, p.16] | 23,664,376 [extracted, p.16] | 24,542,424 [extracted, p.16] |
| payables and accrued expenses (Statement of financial position) | 1,540,706 [derived, p.16] | 1,488,879 [derived, p.16] | 1,797,329 [derived, p.16] |
| deferred revenue (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| current debt and leases (Statement of financial position) | 1,174,673 [derived, p.16] | 1,158,313 [derived, p.16] | 1,117,087 [derived, p.16] |
| other current liabilities (Statement of financial position) | 3,353,522 [derived, p.16] | 2,881,985 [derived, p.16] | 4,565,377 [derived, p.16] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 6,068,901 [extracted, p.16] | 5,529,177 [extracted, p.16] | 7,479,793 [extracted, p.16] |
| long-term debt and leases (Statement of financial position) | 3,798,159 [derived, p.16] | 1,711,522 [derived, p.16] | 2,786,711 [derived, p.16] |
| other long-term liabilities (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL LIABILITIES (Statement of financial position) | 9,867,060 [extracted, p.16] | 7,240,699 [extracted, p.16] | 10,266,504 [extracted, p.16] |
| net assets without donor restrictions (Statement of financial position) | 18,221,282 [derived, p.16] | 16,250,133 [derived, p.16] | 13,376,336 [derived, p.16] |
| net assets with donor restrictions (Statement of financial position) | absent (not printed, or not read) | 173,544 [derived, p.16] | 899,584 [derived, p.16] |
| TOTAL NET ASSETS (Statement of financial position) | 18,221,282 [extracted, p.16] | 16,423,677 [extracted, p.16] | 14,275,920 [extracted, p.16] |
| patient service revenue, net (Statement of activities) | 19,339,587 [derived, p.17] | 15,592,425 [derived, p.17] | 14,515,065 [derived, p.17] |
| pharmacy and 340B revenue (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| federal grants (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other grants and contracts (Statement of activities) | 4,353,759 [derived, p.17] | 5,863,087 [derived, p.17] | 5,803,143 [derived, p.17] |
| contributions (Statement of activities) | 647,380 [derived, p.17] | 1,131,583 [derived, p.17] | 442,857 [derived, p.17] |
| other revenue (Statement of activities) | 173,544 [derived, p.17] | 726,040 [derived, p.17] | 163,416 [derived, p.17] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 24,514,270 [extracted, p.17] | 23,313,135 [extracted, p.17] | 20,924,481 [extracted, p.17] |
| salaries and benefits (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| supplies and pharmaceuticals (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| purchased and professional services (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| occupancy (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| depreciation and amortization (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| interest (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other expenses (Statement of activities) | 22,831,477 [derived, p.17] | 22,477,674 [derived, p.17] | 19,704,809 [derived, p.17] |
| TOTAL EXPENSES (Statement of activities) | 22,831,477 [extracted, p.17] | 22,477,674 [extracted, p.17] | 19,704,809 [extracted, p.17] |
| OPERATING RESULT (Statement of activities) | 1,682,793 [extracted, p.17] | 835,461 [extracted, p.17] | 1,219,672 [extracted, p.17] |
| non-operating and other changes (Statement of activities) | 114,812 [derived, p.17] | 1,312,296 [derived, p.17] | 1,772,935 [derived, p.17] |
| CHANGE IN NET ASSETS (Statement of activities) | 1,797,605 [extracted, p.17] | 2,147,757 [extracted, p.17] | 2,992,607 [extracted, p.17] |
| net assets, beginning (Statement of activities) | 16,423,677 [extracted, p.17] | 14,275,920 [extracted, p.17] | 11,283,313 [extracted, p.17] |
| net assets, end (Statement of activities) | 18,221,282 [extracted, p.17] | 16,423,677 [extracted, p.17] | 14,275,920 [extracted, p.17] |

| Ratio | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| Days cash on hand | absent [not computed] | absent [not computed] | absent [not computed] |
| Current ratio | 3.05x [plausible] | 3.00x [plausible] | 2.25x [plausible] |
| Operating margin | 6.9% [plausible] | 3.6% [plausible] | 5.8% [plausible] |
| Total margin | 7.3% [plausible] | 9.2% [plausible] | 14.3% [plausible] |
| Patient revenue share | 78.9% [plausible] | 66.9% [plausible] | 69.4% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | 33 days [plausible] | 39 days [plausible] | 38 days [plausible] |
| Debt to net assets | 0.27x [plausible] | 0.17x [plausible] | 0.27x [plausible] |
| Health center award share | absent [not computed] | absent [not computed] | absent [not computed] |

## Sources

HRSA Uniform Data System (awardee level; organization match Verified). CMS HCRIS cost reports, form CMS-224-14, as filed (the Medicare cost-report appendix). Federal Audit Clearinghouse single audits as filed (T.H.E. CLINIC, INC. dba T.H.E. HEALTH AND WELLNESS CENTERS; FAC-11 template snapshot, SRC-FAC-001).

Methodology: https://astrelis.co/methodology · Data sources: https://astrelis.co/data-sources · Data philosophy: https://astrelis.co/data-philosophy

## Cite this page

Astrelis Atlas, "T.H.E. Clinic, Inc.", https://astrelis.co/providers/health_center/051196, release 2321a4fc37a7 (2026-10-22). Figures as filed in the named public sources; not audited by Astrelis.

Figures are as filed in the named public sources. Astrelis is not a CPA firm and performs no audit, review or attestation of any facility.