# First Choice Primary Care, Inc

Health Center, GA
Page: https://astrelis.co/providers/health_center/111015  
This twin: https://astrelis.co/providers/health_center/111015.md  
CMS Certification Number (CCN): 111015  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures

No headline figure is published for this record.

## 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 Primary Care, Inc., GA

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

- FY ending 2025-04-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-04-GSAFAC-0000378105
- FY ending 2024-04-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-04-GSAFAC-0000063809
- FY ending 2023-04-30 (audit year 2023): balance sheet foots only; audit as filed https://app.fac.gov/dissemination/summary/2023-04-GSAFAC-0000003646

| Line | FY ending 2025-04-30 | FY ending 2024-04-30 | FY ending 2023-04-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 100,310 [derived, p.7] | 609,025 [derived, p.6] | 2,846,749 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 976,167 [derived, p.7] | 723,595 [derived, p.6] | 362,161 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 101,600 [derived, p.7] | 334,138 [derived, p.6] | 503,610 [derived, p.6] |
| other current assets (Statement of financial position) | 350,164 [derived, p.7] | 329,670 [derived, p.6] | 289,533 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 1,528,241 [extracted, p.7] | 1,996,428 [extracted, p.6] | 4,002,053 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 8,715,794 [derived, p.7] | 6,691,425 [derived, p.6] | 4,746,545 [derived, p.6] |
| other long-term assets (Statement of financial position) | 166,644 [derived, p.7] | 57,513 [derived, p.6] | 100,494 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 10,410,679 [extracted, p.7] | 8,745,366 [extracted, p.6] | 8,849,092 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 1,713,857 [derived, p.8] | 1,829,972 [derived, p.7] | 952,310 [derived, p.7] |
| deferred revenue (Statement of financial position) | 4,415 [derived, p.8] | 9,052 [derived, p.7] | absent (not printed, or not read) |
| current debt and leases (Statement of financial position) | 194,906 [derived, p.8] | 154,367 [derived, p.7] | 155,404 [derived, p.7] |
| other current liabilities (Statement of financial position) | 140,000 [derived, p.8] | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 2,053,178 [extracted, p.8] | 1,993,391 [extracted, p.7] | 1,107,714 [extracted, p.7] |
| long-term debt and leases (Statement of financial position) | 3,613,590 [derived, p.8] | 2,033,804 [derived, p.7] | 2,179,880 [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) | 5,666,768 [extracted, p.8] | 4,027,195 [extracted, p.7] | 3,287,594 [extracted, p.7] |
| net assets without donor restrictions (Statement of financial position) | 4,693,911 [derived, p.8] | 4,649,671 [derived, p.7] | 5,365,525 [derived, p.7] |
| net assets with donor restrictions (Statement of financial position) | 50,000 [derived, p.8] | 68,500 [derived, p.7] | 195,973 [derived, p.7] |
| TOTAL NET ASSETS (Statement of financial position) | 4,743,911 [extracted, p.8] | 4,718,171 [extracted, p.7] | 5,561,498 [extracted, p.7] |
| patient service revenue, net (Statement of activities) | 9,654,052 [derived, p.9] | 7,896,287 [derived, p.8] | 6,558,472 [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) | 3,565,258 [derived, p.9] | 3,754,741 [derived, p.8] | 4,705,882 [derived, p.8] |
| contributions (Statement of activities) | 30,186 [derived, p.9] | 27,378 [derived, p.8] | 26,504 [derived, p.8] |
| other revenue (Statement of activities) | 709,181 [derived, p.9] | 669,180 [derived, p.8] | 467,236 [derived, p.8] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 13,958,677 [extracted, p.9] | 12,347,586 [extracted, p.8] | 11,758,094 [extracted, p.8] |
| salaries and benefits (Statement of activities) | 8,372,999 [derived, p.9] | 7,926,250 [derived, p.8] | 7,326,874 [derived, p.8] |
| supplies and pharmaceuticals (Statement of activities) | 2,036,468 [derived, p.9] | 1,794,936 [derived, p.8] | 1,216,876 [derived, p.8] |
| purchased and professional services (Statement of activities) | 2,569,875 [derived, p.9] | 2,019,272 [derived, p.8] | 1,809,907 [derived, p.8] |
| occupancy (Statement of activities) | 123,943 [derived, p.9] | 171,015 [derived, p.8] | 254,361 [derived, p.8] |
| depreciation and amortization (Statement of activities) | 253,538 [derived, p.9] | 223,852 [derived, p.8] | 232,847 [derived, p.8] |
| interest (Statement of activities) | 171,168 [derived, p.9] | 83,763 [derived, p.8] | 87,496 [derived, p.8] |
| other expenses (Statement of activities) | 1,543,525 [derived, p.9] | 1,336,932 [derived, p.8] | 1,077,360 [derived, p.8] |
| TOTAL EXPENSES (Statement of activities) | 15,071,516 [extracted, p.9] | 13,556,020 [extracted, p.8] | 12,005,721 [extracted, p.8] |
| OPERATING RESULT (Statement of activities) | -1,112,839 [extracted, p.9] | -1,208,434 [extracted, p.8] | -247,627 [extracted, p.8] |
| non-operating and other changes (Statement of activities) | 1,138,579 [derived, p.10] | 365,107 [derived, p.9] | absent (not printed, or not read) |
| CHANGE IN NET ASSETS (Statement of activities) | 25,740 [extracted, p.10] | -843,327 [extracted, p.9] | absent (not printed, or not read) |
| net assets, beginning (Statement of activities) | 4,718,171 [extracted, p.10] | 5,561,498 [extracted, p.9] | absent (not printed, or not read) |
| net assets, end (Statement of activities) | 4,743,911 [extracted, p.10] | 4,718,171 [extracted, p.9] | absent (not printed, or not read) |

| Ratio | FY ending 2025-04-30 | FY ending 2024-04-30 | FY ending 2023-04-30 |
|---|---:|---:|---:|
| Days cash on hand | 2 days [plausible] | 17 days [plausible] | 88 days [plausible] |
| Current ratio | 0.74x [plausible] | 1.00x [plausible] | 3.61x [plausible] |
| Operating margin | -8.0% [plausible] | -9.8% [plausible] | -2.1% [plausible] |
| Total margin | 0.2% [plausible] | -6.8% [plausible] | absent [not computed] |
| Patient revenue share | 69.2% [plausible] | 64.0% [plausible] | 55.8% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | 55.6% [plausible] | 58.5% [plausible] | 61.0% [plausible] |
| Days in patient receivables | 37 days [plausible] | 34 days [plausible] | 20 days [plausible] |
| Debt to net assets | 0.80x [plausible] | 0.46x [plausible] | 0.42x [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 (First Choice Primary Care, 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, "First Choice Primary Care, Inc", https://astrelis.co/providers/health_center/111015, 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.