# Manet Community Health Center, Inc.

Health Center, MA
Page: https://astrelis.co/providers/health_center/221839  
This twin: https://astrelis.co/providers/health_center/221839.md  
CMS Certification Number (CCN): 221839  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Total patients (UDS) (FY2024):** 27,668. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2025):** -39.8%. 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):** 7.9%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $24.8M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** +4.9%. 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

### Manet Community Health Center, Inc., MA

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 2025-06-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-06-GSAFAC-0000397113
- FY ending 2024-06-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-06-GSAFAC-0000062210
- FY ending 2023-06-30 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-06-GSAFAC-0000007052

| Line | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 8,627,144 [derived, p.6] | 13,161,053 [derived, p.5] | 14,461,564 [derived, p.5] |
| patient receivables, net (Statement of financial position) | 1,837,379 [derived, p.6] | 2,314,690 [derived, p.5] | 2,455,355 [derived, p.5] |
| grants and other receivables (Statement of financial position) | 366,822 [derived, p.6] | 940,327 [derived, p.5] | 821,412 [derived, p.5] |
| other current assets (Statement of financial position) | 291,375 [derived, p.6] | 232,141 [derived, p.5] | 234,357 [derived, p.5] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 11,122,720 [extracted, p.6] | 16,648,211 [extracted, p.5] | 17,972,688 [extracted, p.5] |
| property and equipment, net (Statement of financial position) | 9,648,261 [derived, p.6] | 10,138,279 [derived, p.5] | 9,386,164 [derived, p.5] |
| other long-term assets (Statement of financial position) | 10,841,729 [derived, p.6] | 3,023,706 [derived, p.5] | 3,574,896 [derived, p.5] |
| TOTAL ASSETS (Statement of financial position) | 31,612,710 [extracted, p.6] | 29,810,196 [extracted, p.5] | 30,933,748 [extracted, p.5] |
| payables and accrued expenses (Statement of financial position) | 2,232,250 [derived, p.7] | 2,295,294 [derived, p.5] | 3,323,954 [derived, p.5] |
| deferred revenue (Statement of financial position) | 662,720 [derived, p.7] | 1,058,196 [derived, p.5] | absent (not printed, or not read) |
| current debt and leases (Statement of financial position) | 549,522 [derived, p.7] | 461,976 [derived, p.5] | 548,592 [derived, p.5] |
| other current liabilities (Statement of financial position) | 63,496 [derived, p.7] | absent (not printed, or not read) | 1,002,545 [derived, p.5] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 3,507,988 [extracted, p.7] | 3,815,466 [extracted, p.5] | 4,875,091 [extracted, p.5] |
| long-term debt and leases (Statement of financial position) | 4,198,861 [derived, p.7] | 3,674,231 [derived, p.5] | 4,303,289 [derived, p.5] |
| other long-term liabilities (Statement of financial position) | 170,513 [derived, p.7] | 216,577 [derived, p.5] | 358,337 [derived, p.5] |
| TOTAL LIABILITIES (Statement of financial position) | 7,877,362 [extracted, p.7] | 7,706,274 [extracted, p.5] | 9,536,717 [extracted, p.5] |
| net assets without donor restrictions (Statement of financial position) | 22,814,542 [derived, p.7] | 21,172,946 [derived, p.5] | 20,394,390 [derived, p.5] |
| net assets with donor restrictions (Statement of financial position) | 920,806 [derived, p.7] | 930,976 [derived, p.5] | 1,002,641 [derived, p.5] |
| TOTAL NET ASSETS (Statement of financial position) | 23,735,348 [extracted, p.7] | 22,103,922 [extracted, p.5] | 21,397,031 [extracted, p.5] |
| patient service revenue, net (Statement of activities) | 24,650,197 [derived, p.8] | 25,556,053 [derived, p.6] | 20,269,699 [derived, p.6] |
| pharmacy and 340B revenue (Statement of activities) | 3,094,304 [derived, p.8] | absent (not printed, or not read) | absent (not printed, or not read) |
| federal grants (Statement of activities) | 2,304,250 [derived, p.8] | absent (not printed, or not read) | absent (not printed, or not read) |
| other grants and contracts (Statement of activities) | 4,697,118 [derived, p.8] | 5,456,044 [derived, p.6] | 6,652,534 [derived, p.6] |
| contributions (Statement of activities) | 332,910 [derived, p.8] | 170,535 [derived, p.6] | 100,173 [derived, p.6] |
| other revenue (Statement of activities) | 971,864 [derived, p.8] | 758,644 [derived, p.6] | 997,926 [derived, p.6] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 36,050,643 [extracted, p.8] | 31,941,276 [extracted, p.6] | 28,020,332 [extracted, p.6] |
| salaries and benefits (Statement of activities) | absent (not printed, or not read) | 19,915,454 [derived, p.6] | 16,782,617 [derived, p.6] |
| supplies and pharmaceuticals (Statement of activities) | absent (not printed, or not read) | 4,995,640 [derived, p.6] | 3,743,885 [derived, p.6] |
| purchased and professional services (Statement of activities) | absent (not printed, or not read) | 4,066,388 [derived, p.6] | 3,117,989 [derived, p.6] |
| occupancy (Statement of activities) | absent (not printed, or not read) | 2,478,287 [derived, p.6] | 2,398,010 [derived, p.6] |
| depreciation and amortization (Statement of activities) | absent (not printed, or not read) | 775,513 [derived, p.6] | 586,869 [derived, p.6] |
| interest (Statement of activities) | absent (not printed, or not read) | 141,923 [derived, p.6] | 136,089 [derived, p.6] |
| 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) | 34,530,765 [extracted, p.8] | 32,373,205 [extracted, p.6] | 26,765,459 [extracted, p.6] |
| OPERATING RESULT (Statement of activities) | 1,519,878 [extracted, p.8] | -431,929 [extracted, p.6] | 1,254,873 [extracted, p.6] |
| non-operating and other changes (Statement of activities) | 275,745 [derived, p.8] | 1,138,820 [derived] | 1,829,547 [derived] |
| CHANGE IN NET ASSETS (Statement of activities) | 1,795,623 [extracted, p.8] | 706,891 [extracted, p.7] | 3,084,420 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 21,939,725 [extracted, p.8] | 21,397,031 [extracted, p.7] | 18,312,611 [extracted, p.7] |
| net assets, end (Statement of activities) | 23,735,348 [extracted, p.8] | 22,103,922 [extracted, p.7] | 21,397,031 [extracted, p.7] |

| Ratio | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| Days cash on hand | absent [not computed] | 152 days [plausible] | 202 days [plausible] |
| Current ratio | 3.17x [plausible] | 4.36x [plausible] | 3.69x [plausible] |
| Operating margin | 4.2% [plausible] | -1.4% [plausible] | 4.5% [plausible] |
| Total margin | 5.0% [plausible] | 2.2% [plausible] | 11.0% [plausible] |
| Patient revenue share | 68.4% [plausible] | 80.0% [plausible] | 72.3% [plausible] |
| Grant dependency | 19.4% [plausible] | absent [not computed] | absent [not computed] |
| Salaries share | absent [not computed] | 61.5% [plausible] | 62.7% [plausible] |
| Days in patient receivables | 27 days [plausible] | 33 days [plausible] | 44 days [plausible] |
| Debt to net assets | 0.20x [plausible] | 0.19x [plausible] | 0.23x [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 (Manet Community Health Center, 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, "Manet Community Health Center, Inc.", https://astrelis.co/providers/health_center/221839, 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.