# Windrose Health Network, Inc.

Health Center, IN
Page: https://astrelis.co/providers/health_center/151041  
This twin: https://astrelis.co/providers/health_center/151041.md  
CMS Certification Number (CCN): 151041  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2019 to 2020)

Filings that are not a full fiscal year: FY2019 covers 295 days. These years sit in no comparison pool.

- **Operating margin (FY2020):** +46.8%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2020):** $0.2M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2020):** +69.8%. 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

### WINDROSE HEALTH NETWORK, INC., IN

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-0000425335
- FY ending 2024-12-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-12-GSAFAC-0000381025
- FY ending 2023-12-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-12-GSAFAC-0000045490

| Line | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 7,676,623 [derived, p.6] | 7,966,511 [derived, p.6] | 7,246,013 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 785,300 [derived, p.6] | 519,029 [derived, p.6] | 547,220 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 1,923,566 [derived, p.6] | 1,406,824 [derived, p.6] | 501,478 [derived, p.6] |
| other current assets (Statement of financial position) | 467,868 [derived, p.6] | 234,489 [derived, p.6] | 358,151 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 10,853,357 [extracted, p.6] | 10,126,853 [extracted, p.6] | 8,652,862 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 8,607,748 [derived, p.6] | 8,755,838 [derived, p.6] | 8,387,549 [derived, p.6] |
| other long-term assets (Statement of financial position) | 3,284,889 [derived, p.6] | 3,394,280 [derived, p.6] | 1,296,246 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 22,745,994 [extracted, p.6] | 22,276,971 [extracted, p.6] | 18,336,657 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 1,669,397 [derived, p.6] | 1,531,438 [derived, p.6] | 2,206,229 [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) | 387,198 [derived, p.6] | 327,161 [derived, p.6] | 2,103,671 [derived, p.6] |
| other current liabilities (Statement of financial position) | 1,509,775 [derived, p.6] | 1,697,876 [derived, p.6] | 697,876 [derived, p.6] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 3,566,370 [extracted, p.6] | 3,556,475 [extracted, p.6] | 5,007,776 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 5,190,832 [derived, p.6] | 3,603,522 [derived, p.6] | 298,932 [derived, p.6] |
| other long-term liabilities (Statement of financial position) | 85,799 [derived, p.6] | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL LIABILITIES (Statement of financial position) | 8,843,001 [extracted, p.6] | 9,151,734 [extracted, p.6] | 5,306,708 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 13,902,993 [derived, p.6] | 13,125,237 [derived, p.6] | 13,029,949 [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) | 13,902,993 [extracted, p.6] | 13,125,237 [extracted, p.6] | 13,029,949 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 16,789,392 [derived, p.7] | 15,779,011 [derived, p.7] | 15,382,329 [derived, p.7] |
| pharmacy and 340B revenue (Statement of activities) | 3,179,748 [derived, p.7] | 2,602,979 [derived, p.7] | 3,304,811 [derived, p.7] |
| federal grants (Statement of activities) | 4,812,175 [derived, p.7] | 3,609,607 [derived, p.7] | 4,992,436 [derived, p.7] |
| other grants and contracts (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| contributions (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other revenue (Statement of activities) | 860,616 [derived, p.7] | 785,135 [derived, p.7] | 326,454 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 25,641,931 [extracted, p.7] | 23,833,359 [extracted, p.7] | 24,006,030 [extracted, p.7] |
| salaries and benefits (Statement of activities) | 17,433,109 [derived, p.7] | 17,134,424 [derived, p.7] | 16,530,393 [derived, p.7] |
| supplies and pharmaceuticals (Statement of activities) | 533,570 [derived, p.7] | 534,861 [derived, p.7] | 501,261 [derived, p.7] |
| purchased and professional services (Statement of activities) | 2,969,791 [derived, p.7] | 2,718,675 [derived, p.7] | 2,386,139 [derived, p.7] |
| occupancy (Statement of activities) | 3,103,141 [derived, p.7] | 2,583,793 [derived, p.7] | 2,339,798 [derived, p.7] |
| depreciation and amortization (Statement of activities) | 688,101 [derived, p.7] | 576,488 [derived, p.7] | 479,482 [derived, p.7] |
| interest (Statement of activities) | 218,101 [derived, p.7] | 236,951 [derived, p.7] | 36,048 [derived, p.7] |
| other expenses (Statement of activities) | 175,807 [derived, p.7] | 177,817 [derived, p.7] | 148,591 [derived, p.7] |
| TOTAL EXPENSES (Statement of activities) | 25,121,620 [extracted, p.7] | 23,963,009 [extracted, p.7] | 22,421,712 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | 520,311 [extracted, p.7] | -129,650 [extracted, p.7] | 1,584,318 [extracted, p.7] |
| non-operating and other changes (Statement of activities) | 257,445 [derived, p.7] | 224,938 [derived, p.7] | 217,175 [derived, p.7] |
| CHANGE IN NET ASSETS (Statement of activities) | 777,756 [extracted, p.7] | 95,288 [extracted, p.7] | 1,801,493 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 13,125,237 [extracted, p.7] | 13,029,949 [extracted, p.7] | 11,228,456 [extracted, p.7] |
| net assets, end (Statement of activities) | 13,902,993 [extracted, p.7] | 13,125,237 [extracted, p.7] | 13,029,949 [extracted, p.7] |

| Ratio | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| Days cash on hand | 115 days [plausible] | 125 days [plausible] | 121 days [plausible] |
| Current ratio | 3.04x [plausible] | 2.85x [plausible] | 1.73x [plausible] |
| Operating margin | 2.0% [plausible] | -0.5% [plausible] | 6.6% [plausible] |
| Total margin | 3.0% [plausible] | 0.4% [plausible] | 7.5% [plausible] |
| Patient revenue share | 65.5% [plausible] | 66.2% [plausible] | 64.1% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | 69.4% [plausible] | 71.5% [plausible] | 73.7% [plausible] |
| Days in patient receivables | 17 days [plausible] | 12 days [plausible] | 13 days [plausible] |
| Debt to net assets | 0.40x [plausible] | 0.30x [plausible] | 0.18x [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 (WINDROSE HEALTH NETWORK, 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, "Windrose Health Network, Inc.", https://astrelis.co/providers/health_center/151041, 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.