# Neighborhood Improvement Project, Inc.

Health Center, GA
Page: https://astrelis.co/providers/health_center/111905  
This twin: https://astrelis.co/providers/health_center/111905.md  
CMS Certification Number (CCN): 111905  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Operating margin (FY2025):** -145.8%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $28.6M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** -1.7%. 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

### Neighborhood Improvement Project, Inc. DBA Medical Associates, GA

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 2025-12-31 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-12-GSAFAC-0000404845
- FY ending 2024-12-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-12-GSAFAC-0000380713
- FY ending 2023-12-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-12-GSAFAC-0000057798

| Line | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 5,759,683 [derived, p.7] | 4,312,617 [derived, p.7] | 6,293,902 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 5,511,782 [derived, p.7] | 4,058,589 [derived, p.7] | 4,182,193 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 1,731,997 [derived, p.7] | 1,867,622 [derived, p.7] | 4,404 [derived, p.6] |
| other current assets (Statement of financial position) | 796,231 [derived, p.7] | 664,794 [derived, p.7] | 467,580 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 13,799,693 [extracted, p.7] | 10,903,622 [extracted, p.7] | 10,948,079 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 10,293,736 [derived, p.7] | 11,193,613 [derived, p.7] | 10,974,830 [derived, p.6] |
| other long-term assets (Statement of financial position) | 9,186,432 [derived, p.7] | 9,077,733 [derived, p.7] | 9,354,479 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 33,279,861 [extracted, p.7] | 31,174,968 [extracted, p.7] | 31,277,388 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 6,133,359 [derived, p.7] | 4,501,105 [derived, p.7] | 3,858,945 [derived, p.6] |
| 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) | 1,662,810 [derived, p.7] | 1,436,315 [derived, p.7] | 1,228,319 [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) | 7,796,169 [extracted, p.7] | 5,937,420 [extracted, p.7] | 5,087,264 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 12,155,231 [derived, p.7] | 12,447,476 [derived, p.7] | 12,332,370 [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) | 19,951,400 [extracted, p.7] | 18,384,896 [extracted, p.7] | 17,419,634 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 13,328,461 [derived, p.7] | 12,790,072 [derived, p.7] | 13,857,754 [derived, p.6] |
| net assets with donor restrictions (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL NET ASSETS (Statement of financial position) | 13,328,461 [extracted, p.7] | 12,790,072 [extracted, p.7] | 13,857,754 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 61,440,933 [derived, p.8] | 49,919,219 [derived, p.8] | 44,840,623 [derived, p.7] |
| 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) | 1,508,451 [derived, p.8] | absent (not printed, or not read) | 237,788 [derived, p.7] |
| other grants and contracts (Statement of activities) | 5,446,451 [derived, p.8] | 4,976,509 [derived, p.8] | 6,123,663 [derived, p.7] |
| contributions (Statement of activities) | 1,994,056 [derived, p.8] | 897,221 [derived, p.8] | 737,893 [derived, p.7] |
| other revenue (Statement of activities) | 1,910,991 [derived, p.8] | 2,948,958 [derived, p.8] | 1,327,572 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 72,300,882 [extracted, p.8] | 58,741,907 [extracted, p.8] | 53,267,539 [extracted, p.7] |
| salaries and benefits (Statement of activities) | 34,092,855 [derived, p.8] | 27,768,304 [derived, p.8] | 23,749,248 [derived, p.7] |
| supplies and pharmaceuticals (Statement of activities) | 22,489,354 [derived, p.8] | 17,701,624 [derived, p.8] | 14,249,292 [derived, p.7] |
| purchased and professional services (Statement of activities) | 6,772,766 [derived, p.8] | 6,660,194 [derived, p.8] | 5,472,722 [derived, p.7] |
| occupancy (Statement of activities) | 1,444,814 [derived, p.8] | 920,217 [derived, p.8] | 1,132,442 [derived, p.7] |
| depreciation and amortization (Statement of activities) | 1,890,145 [derived, p.8] | 1,841,605 [derived, p.8] | 1,786,536 [derived, p.7] |
| interest (Statement of activities) | 578,190 [derived, p.8] | 602,777 [derived, p.8] | 487,331 [derived, p.7] |
| other expenses (Statement of activities) | 4,594,369 [derived, p.8] | 4,314,867 [derived, p.8] | 4,455,716 [derived, p.7] |
| TOTAL EXPENSES (Statement of activities) | 71,862,493 [extracted, p.8] | 59,809,588 [extracted, p.8] | 51,333,287 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | 438,389 [extracted, p.8] | -1,067,681 [extracted, p.8] | 1,934,252 [extracted, p.7] |
| non-operating and other changes (Statement of activities) | 100,000 [derived, p.8] | absent (not printed, or not read) | 676,938 [derived, p.7] |
| CHANGE IN NET ASSETS (Statement of activities) | 538,389 [extracted, p.8] | -1,067,681 [extracted, p.8] | 2,611,190 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 12,790,072 [extracted, p.8] | 13,857,753 [extracted, p.8] | 11,246,564 [extracted, p.7] |
| net assets, end (Statement of activities) | 13,328,461 [extracted, p.8] | 12,790,072 [extracted, p.8] | 13,857,754 [extracted, p.7] |

| Ratio | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| Days cash on hand | 30 days [plausible] | 27 days [plausible] | 46 days [plausible] |
| Current ratio | 1.77x [plausible] | 1.84x [plausible] | 2.15x [plausible] |
| Operating margin | 0.6% [plausible] | -1.8% [plausible] | 3.6% [plausible] |
| Total margin | 0.7% [plausible] | -1.8% [plausible] | 4.9% [plausible] |
| Patient revenue share | 85.0% [plausible] | 85.0% [plausible] | 84.2% [plausible] |
| Grant dependency | 9.6% [plausible] | absent [not computed] | 11.9% [plausible] |
| Salaries share | 47.4% [plausible] | 46.4% [plausible] | 46.3% [plausible] |
| Days in patient receivables | 33 days [plausible] | 30 days [plausible] | 34 days [plausible] |
| Debt to net assets | 1.04x [plausible] | 1.09x [plausible] | 0.98x [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 (Neighborhood Improvement Project, Inc. DBA Medical Associates; 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, "Neighborhood Improvement Project, Inc.", https://astrelis.co/providers/health_center/111905, 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.