# First Choice Health Centers, Inc.

Health Center, CT
Page: https://astrelis.co/providers/health_center/071821  
This twin: https://astrelis.co/providers/health_center/071821.md  
CMS Certification Number (CCN): 071821  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Total patients (UDS) (FY2024):** 18,811. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total visits (all service types) (FY2024):** 63,126. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 13. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 16.2%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2025):** -89.7%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $12.1M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** -14.1%. 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

### First Choice Health Centers, Inc., CT

Match to this profile: identifier verified: the EIN the dataset carries for this CCN agrees with the filed EIN (method: exact name and state, narrowed by address (FACLAND tier 1+3)).

- FY ending 2025-06-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-06-GSAFAC-0000405157
- FY ending 2024-06-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-06-GSAFAC-0000064144
- FY ending 2023-06-30 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-06-GSAFAC-0000000666

| Line | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 826,112 [derived, p.5] | 1,271,662 [derived, p.5] | 2,603,637 [derived, p.5] |
| patient receivables, net (Statement of financial position) | 1,025,326 [derived, p.5] | 1,361,695 [derived, p.5] | 1,306,941 [derived, p.5] |
| grants and other receivables (Statement of financial position) | 3,429,781 [derived, p.5] | 940,166 [derived, p.5] | 817,041 [derived, p.5] |
| other current assets (Statement of financial position) | 435,663 [derived, p.5] | 394,736 [derived, p.5] | 675,276 [derived, p.5] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 5,716,882 [extracted, p.5] | 3,968,259 [extracted, p.5] | 5,402,895 [extracted, p.5] |
| property and equipment, net (Statement of financial position) | 6,192,119 [derived, p.5] | 6,451,931 [derived, p.5] | 7,026,337 [derived, p.5] |
| other long-term assets (Statement of financial position) | 1,319,302 [derived, p.5] | 1,520,695 [derived, p.5] | 1,901,886 [derived, p.5] |
| TOTAL ASSETS (Statement of financial position) | 13,228,303 [extracted, p.5] | 11,940,885 [extracted, p.5] | 14,331,118 [extracted, p.5] |
| payables and accrued expenses (Statement of financial position) | 1,909,032 [derived, p.6] | 1,643,738 [derived, p.6] | 1,399,893 [derived, p.6] |
| deferred revenue (Statement of financial position) | 50,070 [derived, p.6] | 81,179 [derived, p.6] | 89,719 [derived, p.6] |
| current debt and leases (Statement of financial position) | 1,661,734 [derived, p.6] | 613,806 [derived, p.6] | 617,854 [derived, p.6] |
| other current liabilities (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 3,620,836 [extracted, p.6] | 2,338,723 [extracted, p.6] | 2,107,466 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 1,889,110 [derived, p.6] | 2,396,210 [derived, p.6] | 2,965,910 [derived, p.6] |
| 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) | 5,509,946 [extracted, p.6] | 4,734,933 [extracted, p.6] | 5,073,376 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 5,150,650 [derived, p.6] | 7,205,952 [derived, p.6] | 9,257,742 [derived, p.6] |
| net assets with donor restrictions (Statement of financial position) | 2,567,707 [derived, p.6] | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL NET ASSETS (Statement of financial position) | 7,718,357 [extracted, p.6] | 7,205,952 [extracted, p.6] | 9,257,742 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 12,001,234 [derived, p.7] | 11,068,870 [derived, p.7] | 13,544,827 [derived, p.7] |
| pharmacy and 340B revenue (Statement of activities) | 3,419,525 [derived, p.7] | 3,001,505 [derived, p.7] | 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) | 3,561,469 [derived, p.7] | 3,575,954 [derived, p.7] | 5,842,285 [derived, p.7] |
| contributions (Statement of activities) | 538,719 [derived, p.7] | 2,325,899 [derived, p.7] | 401,984 [derived, p.7] |
| other revenue (Statement of activities) | 107,799 [derived, p.7] | 125,367 [derived, p.7] | 58,981 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 19,628,746 [extracted, p.7] | 20,097,595 [extracted, p.7] | 19,848,077 [extracted, p.7] |
| salaries and benefits (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | 13,717,929 [derived, p.7] |
| supplies and pharmaceuticals (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | 4,915,973 [derived, p.7] |
| purchased and professional services (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | 985,748 [derived, p.7] |
| occupancy (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | 485,075 [derived, p.7] |
| depreciation and amortization (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | 675,041 [derived, p.7] |
| interest (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | 80,721 [derived, p.7] |
| other expenses (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL EXPENSES (Statement of activities) | 22,080,178 [extracted, p.7] | 22,184,232 [extracted, p.7] | 20,860,487 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | -2,451,432 [extracted, p.7] | -2,086,637 [extracted, p.7] | -1,012,410 [extracted, p.7] |
| non-operating and other changes (Statement of activities) | 2,963,837 [derived, p.7] | 34,847 [derived, p.7] | 198,429 [derived, p.7] |
| CHANGE IN NET ASSETS (Statement of activities) | 512,405 [extracted, p.7] | -2,051,790 [extracted, p.7] | -813,981 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 7,205,952 [extracted, p.7] | 9,257,742 [extracted, p.7] | 10,071,723 [extracted, p.7] |
| net assets, end (Statement of activities) | 7,718,357 [extracted, p.7] | 7,205,952 [extracted, p.7] | 9,257,742 [extracted, p.7] |

| 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] | 47 days [plausible] |
| Current ratio | 1.58x [plausible] | 1.70x [plausible] | 2.56x [plausible] |
| Operating margin | -12.5% [plausible] | -10.4% [plausible] | -5.1% [plausible] |
| Total margin | 2.6% [plausible] | -10.2% [plausible] | -4.1% [plausible] |
| Patient revenue share | 61.1% [plausible] | 55.1% [plausible] | 68.2% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | absent [not computed] | absent [not computed] | 65.8% [plausible] |
| Days in patient receivables | 31 days [plausible] | 45 days [plausible] | 35 days [plausible] |
| Debt to net assets | 0.46x [plausible] | 0.42x [plausible] | 0.39x [plausible] |
| Health center award share | absent [not computed] | absent [not computed] | absent [not computed] |

## Sources

HRSA Uniform Data System (awardee level; organization match Probable). CMS HCRIS cost reports, form CMS-224-14, as filed (the Medicare cost-report appendix). Federal Audit Clearinghouse single audits as filed (First Choice Health Centers, Inc.; 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, "First Choice Health Centers, Inc.", https://astrelis.co/providers/health_center/071821, 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.