# La Red Health Center, Inc.

Health Center, DE
Page: https://astrelis.co/providers/health_center/081817  
This twin: https://astrelis.co/providers/health_center/081817.md  
CMS Certification Number (CCN): 081817  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2019 to 2023)

- **Operating margin (FY2022):** -28.1%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2022):** $0.4M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2022):** +18.4%. 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

### La Red Health Center, Inc., DE

Match to this profile: matched by name (method: name and state).

- FY ending 2025-12-31 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-12-GSAFAC-0000427089
- FY ending 2024-12-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-12-GSAFAC-0000427120
- FY ending 2023-12-31 (audit year 2023): balance sheet foots only; audit as filed https://app.fac.gov/dissemination/summary/2023-12-GSAFAC-0000352960

| Line | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 1,915,903 [derived, p.7] | 3,467,817 [derived, p.7] | 5,012,772 [derived, p.7] |
| patient receivables, net (Statement of financial position) | 1,177,645 [derived, p.7] | 781,818 [derived, p.7] | 397,486 [derived, p.7] |
| grants and other receivables (Statement of financial position) | 20,065 [derived, p.7] | 35,730 [derived, p.7] | 41,435 [derived, p.7] |
| other current assets (Statement of financial position) | 10,304 [derived, p.7] | absent (not printed, or not read) | 30,528 [derived, p.7] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 3,123,917 [extracted, p.7] | 4,285,365 [extracted, p.7] | 5,482,221 [extracted, p.7] |
| property and equipment, net (Statement of financial position) | 6,070,888 [derived, p.7] | 6,526,327 [derived, p.7] | 7,206,256 [derived, p.7] |
| other long-term assets (Statement of financial position) | 895,646 [derived, p.7] | 1,138,041 [derived, p.7] | 1,376,026 [derived, p.7] |
| TOTAL ASSETS (Statement of financial position) | 10,090,451 [extracted, p.7] | 11,949,733 [extracted, p.7] | 14,064,503 [extracted, p.7] |
| payables and accrued expenses (Statement of financial position) | 1,621,973 [derived, p.7] | 2,067,618 [derived, p.7] | 638,301 [derived, p.7] |
| deferred revenue (Statement of financial position) | 473,565 [derived, p.7] | 1,643,124 [derived, p.7] | 1,083,380 [derived, p.7] |
| current debt and leases (Statement of financial position) | 326,226 [derived, p.7] | 314,838 [derived, p.7] | 307,854 [derived, p.7] |
| other current liabilities (Statement of financial position) | 508,101 [derived, p.7] | 509,193 [derived, p.7] | 467,934 [derived, p.7] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 2,929,865 [extracted, p.7] | 4,534,773 [extracted, p.7] | 2,497,469 [extracted, p.7] |
| long-term debt and leases (Statement of financial position) | 4,384,640 [derived, p.7] | 4,710,866 [derived, p.7] | 5,023,983 [derived, p.7] |
| 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) | 7,314,505 [extracted, p.7] | 9,245,639 [extracted, p.7] | 7,521,452 [extracted, p.7] |
| net assets without donor restrictions (Statement of financial position) | 2,307,085 [derived, p.7] | 2,023,668 [derived, p.7] | 5,486,588 [derived, p.7] |
| net assets with donor restrictions (Statement of financial position) | 468,861 [derived, p.7] | 680,426 [derived, p.7] | 1,056,463 [derived, p.7] |
| TOTAL NET ASSETS (Statement of financial position) | 2,775,946 [extracted, p.7] | 2,704,094 [extracted, p.7] | 6,543,051 [extracted, p.7] |
| patient service revenue, net (Statement of activities) | 7,669,243 [derived, p.8] | 5,693,371 [derived, p.8] | 4,664,155 [derived, p.8] |
| 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) | 7,331,827 [derived, p.8] | 5,878,192 [derived, p.8] | 9,613,817 [derived, p.8] |
| contributions (Statement of activities) | 909,175 [derived, p.8] | 748,143 [derived, p.8] | 343,956 [derived, p.8] |
| other revenue (Statement of activities) | 1,198,605 [derived, p.8] | 659,214 [derived, p.8] | 410,994 [derived, p.8] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 17,108,850 [extracted, p.8] | 12,978,920 [extracted, p.8] | 15,032,922 [extracted, p.8] |
| 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) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL EXPENSES (Statement of activities) | 17,036,998 [extracted, p.8] | 16,817,877 [extracted, p.8] | 16,256,117 [extracted, p.8] |
| OPERATING RESULT (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| non-operating and other changes (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| CHANGE IN NET ASSETS (Statement of activities) | 71,852 [extracted, p.8] | -3,838,957 [extracted, p.8] | -1,223,195 [extracted, p.8] |
| net assets, beginning (Statement of activities) | 2,704,094 [extracted, p.8] | 6,543,051 [extracted, p.8] | 10,276,776 [extracted, p.8] |
| net assets, end (Statement of activities) | 2,775,946 [extracted, p.8] | 2,704,094 [extracted, p.8] | 6,543,051 [extracted, p.8] |

| Ratio | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| Days cash on hand | absent [not computed] | absent [not computed] | absent [not computed] |
| Current ratio | 1.07x [plausible] | 0.95x [plausible] | 2.20x [plausible] |
| Operating margin | absent [not computed] | absent [not computed] | absent [not computed] |
| Total margin | 0.4% [plausible] | -29.6% [plausible] | -8.1% [plausible] |
| Patient revenue share | 44.8% [plausible] | 43.9% [plausible] | 31.0% [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 | 56 days [plausible] | 50 days [plausible] | 31 days [plausible] |
| Debt to net assets | 1.70x [plausible] | 1.86x [plausible] | 0.81x [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 (La Red Health Center, Inc.; FAC-11 template snapshot, SRC-FAC-001); the organization match is matched by name.

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

## Cite this page

Astrelis Atlas, "La Red Health Center, Inc.", https://astrelis.co/providers/health_center/081817, 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.