# Neighborhood Health Clinics, Inc.

Health Center, IN
Page: https://astrelis.co/providers/health_center/151864  
This twin: https://astrelis.co/providers/health_center/151864.md  
CMS Certification Number (CCN): 151864  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Total patients (UDS) (FY2024):** 23,472. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2025):** -147.4%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 9. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 23.7%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $12.6M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** -16.9%. 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 Health Clinics, Inc., NY

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

- FY ending 2025-12-31 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-12-GSAFAC-0000420241
- FY ending 2024-12-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-12-GSAFAC-0000366926
- FY ending 2023-12-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-12-GSAFAC-0000041629

| Line | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 244,654 [derived, p.6] | 1,755,630 [derived, p.6] | 990,499 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 1,297,490 [derived, p.6] | 1,821,557 [derived, p.6] | 717,887 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 3,200,787 [derived, p.6] | 1,262,513 [derived, p.6] | 1,881,641 [derived, p.6] |
| other current assets (Statement of financial position) | 804,507 [derived, p.6] | 890,716 [derived, p.6] | 290,556 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 5,547,438 [extracted, p.6] | 5,730,416 [extracted, p.6] | 3,880,583 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 25,263,899 [derived, p.6] | 17,677,185 [derived, p.6] | 9,269,191 [derived, p.6] |
| other long-term assets (Statement of financial position) | 17,986,465 [derived, p.6] | 27,978,362 [derived, p.6] | 35,132,314 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 48,797,802 [extracted, p.6] | 51,385,963 [extracted, p.6] | 48,282,088 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 2,503,043 [derived, p.6] | 3,747,209 [derived, p.6] | 1,859,180 [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) | 2,354,326 [derived, p.6] | 1,512,184 [derived, p.6] | 833,503 [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) | 4,857,369 [extracted, p.6] | 5,259,393 [extracted, p.6] | 2,692,683 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 29,774,059 [derived, p.6] | 29,940,808 [derived, p.6] | 29,730,657 [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) | 34,631,428 [extracted, p.6] | 35,200,201 [extracted, p.6] | 32,423,340 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 14,009,147 [derived, p.6] | 14,766,233 [derived, p.6] | 15,688,748 [derived, p.6] |
| net assets with donor restrictions (Statement of financial position) | 157,227 [derived, p.6] | 1,419,529 [derived, p.6] | 170,000 [derived, p.6] |
| TOTAL NET ASSETS (Statement of financial position) | 14,166,374 [extracted, p.6] | 16,185,762 [extracted, p.6] | 15,858,748 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 13,417,437 [derived, p.7] | 11,072,320 [derived, p.7] | 8,099,988 [derived, p.7] |
| pharmacy and 340B revenue (Statement of activities) | 6,195,593 [derived, p.7] | 2,757,413 [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) | 7,777,010 [derived, p.7] | 7,691,836 [derived, p.7] | 10,341,378 [derived, p.7] |
| contributions (Statement of activities) | 122,044 [derived, p.7] | 179,649 [derived, p.7] | 656,815 [derived, p.7] |
| other revenue (Statement of activities) | 952,291 [derived, p.7] | 895,985 [derived, p.7] | 574,304 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 28,464,375 [extracted, p.7] | 22,597,203 [extracted, p.7] | 19,672,485 [extracted, p.7] |
| salaries and benefits (Statement of activities) | 16,741,788 [derived, p.7] | 14,874,190 [derived, p.7] | 13,895,708 [derived, p.7] |
| supplies and pharmaceuticals (Statement of activities) | 4,339,912 [derived, p.7] | 2,446,647 [derived, p.7] | 1,347,246 [derived, p.7] |
| purchased and professional services (Statement of activities) | 3,882,161 [derived, p.7] | 2,645,212 [derived, p.7] | 2,512,812 [derived, p.7] |
| occupancy (Statement of activities) | 1,776,399 [derived, p.7] | 1,479,791 [derived, p.7] | 1,230,417 [derived, p.7] |
| depreciation and amortization (Statement of activities) | 1,338,868 [derived, p.7] | 654,873 [derived, p.7] | 528,424 [derived, p.7] |
| interest (Statement of activities) | 830,704 [derived, p.7] | 55,841 [derived, p.7] | 109,106 [derived, p.7] |
| other expenses (Statement of activities) | 2,285,235 [derived, p.7] | 1,791,185 [derived, p.7] | 2,010,891 [derived, p.7] |
| TOTAL EXPENSES (Statement of activities) | 31,195,067 [extracted, p.7] | 23,947,739 [extracted, p.7] | 21,634,604 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | -2,730,692 [extracted, p.7] | -1,350,536 [extracted, p.7] | -1,962,119 [extracted, p.7] |
| non-operating and other changes (Statement of activities) | 711,304 [derived, p.7] | 1,677,550 [derived, p.7] | 5,440,838 [derived, p.7] |
| CHANGE IN NET ASSETS (Statement of activities) | -2,019,388 [extracted, p.7] | 327,014 [extracted, p.7] | 3,478,719 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 16,185,762 [extracted, p.7] | 15,858,748 [extracted, p.7] | 12,380,029 [extracted, p.7] |
| net assets, end (Statement of activities) | 14,166,374 [extracted, p.7] | 16,185,762 [extracted, p.7] | 15,858,748 [extracted, p.7] |

| Ratio | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| Days cash on hand | 3 days [plausible] | 28 days [plausible] | 17 days [plausible] |
| Current ratio | 1.14x [plausible] | 1.09x [plausible] | 1.44x [plausible] |
| Operating margin | -9.6% [plausible] | -6.0% [plausible] | -10.0% [plausible] |
| Total margin | -7.1% [plausible] | 1.4% [plausible] | 17.7% [plausible] |
| Patient revenue share | 47.1% [plausible] | 49.0% [plausible] | 41.2% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | 53.7% [plausible] | 62.1% [plausible] | 64.2% [plausible] |
| Days in patient receivables | 35 days [plausible] | 60 days [plausible] | 32 days [plausible] |
| Debt to net assets | 2.27x [plausible] | 1.94x [plausible] | 1.93x [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 Health Clinics, 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, "Neighborhood Health Clinics, Inc.", https://astrelis.co/providers/health_center/151864, 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.