# Covered Bridge Healthcare Of St. Joseph County, Inc.

Health Center, MI
Page: https://astrelis.co/providers/health_center/231096  
This twin: https://astrelis.co/providers/health_center/231096.md  
CMS Certification Number (CCN): 231096  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Total patients (UDS) (FY2024):** 2,959. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2025):** -185.5%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 3. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 31.4%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $1.6M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** +8.0%. 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

### COVERED BRIDGE HEALTHCARE OF ST. JOSEPH COUNTY, INC., MI

Match to this profile: identifier verified: the EIN the dataset carries for this CCN agrees with the filed EIN (method: address and ZIP (FACLAND tier 3)).

- FY ending 2025-09-30 (audit year 2025): each statement foots, not linked; audit as filed https://app.fac.gov/dissemination/summary/2025-09-GSAFAC-0000417938
- FY ending 2024-09-30 (audit year 2024): each statement foots, not linked; audit as filed https://app.fac.gov/dissemination/summary/2024-09-GSAFAC-0000373283
- FY ending 2023-09-30 (audit year 2023): each statement foots, not linked; audit as filed https://app.fac.gov/dissemination/summary/2023-09-GSAFAC-0000042907

| Line | FY ending 2025-09-30 | FY ending 2024-09-30 | FY ending 2023-09-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 637,577 [derived, p.6] | 2,270,095 [derived, p.6] | 2,790,373 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 1,078,761 [derived, p.6] | 157,969 [derived, p.6] | 208,045 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 287,948 [derived, p.6] | 188,126 [derived, p.6] | 166,260 [derived, p.6] |
| other current assets (Statement of financial position) | 72,679 [derived, p.6] | 50,229 [derived, p.6] | 25,951 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 2,076,965 [extracted, p.6] | 2,666,419 [extracted, p.6] | 3,190,629 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 2,020,257 [derived, p.6] | 375,769 [derived, p.6] | 420,726 [derived, p.6] |
| other long-term assets (Statement of financial position) | 5,997 [derived, p.6] | 8,395 [derived, p.6] | 10,794 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 4,103,219 [extracted, p.6] | 3,050,583 [extracted, p.6] | 3,622,149 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 498,838 [derived, p.6] | 240,288 [derived, p.6] | 168,136 [derived, p.6] |
| deferred revenue (Statement of financial position) | 136,077 [derived, p.6] | absent (not printed, or not read) | absent (not printed, or not read) |
| current debt and leases (Statement of financial position) | 26,486 [derived, p.6] | 2,354 [derived, p.6] | 2,267 [derived, p.6] |
| other current liabilities (Statement of financial position) | 154,076 [derived, p.6] | 159,336 [derived, p.6] | 181,554 [derived, p.6] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 815,477 [extracted, p.6] | 401,978 [extracted, p.6] | 351,957 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 568,629 [derived, p.6] | 6,288 [derived, p.6] | 8,642 [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) | 1,384,106 [extracted, p.6] | 408,266 [extracted, p.6] | 360,599 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 2,719,113 [derived, p.6] | 2,642,317 [derived, p.6] | 3,261,550 [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) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| patient service revenue, net (Statement of activities) | 2,122,826 [derived, p.7] | 1,377,936 [derived, p.7] | 1,890,974 [derived, p.7] |
| pharmacy and 340B revenue (Statement of activities) | 958,585 [derived, p.7] | 656,121 [derived, p.7] | 884,937 [derived, p.7] |
| federal grants (Statement of activities) | 1,194,993 [derived, p.7] | 1,166,261 [derived, p.7] | 1,529,586 [derived, p.7] |
| other grants and contracts (Statement of activities) | 3,138 [derived, p.7] | 85,500 [derived, p.7] | 85,500 [derived, p.7] |
| contributions (Statement of activities) | 7,497 [derived, p.7] | 9,996 [derived, p.7] | 9,996 [derived, p.7] |
| other revenue (Statement of activities) | 310,664 [derived, p.7] | 132,629 [derived, p.7] | 48,379 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 4,597,703 [extracted, p.7] | 3,428,443 [extracted, p.7] | 4,449,372 [extracted, p.7] |
| salaries and benefits (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| supplies and pharmaceuticals (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| purchased and professional services (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| occupancy (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| depreciation and amortization (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| interest (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other expenses (Statement of activities) | 4,520,907 [derived, p.7] | 4,047,676 [derived, p.7] | 4,184,614 [derived, p.7] |
| TOTAL EXPENSES (Statement of activities) | 4,520,907 [extracted, p.7] | 4,047,676 [extracted, p.7] | 4,184,614 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| non-operating and other changes (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| CHANGE IN NET ASSETS (Statement of activities) | 76,796 [extracted, p.7] | -619,233 [extracted, p.7] | 264,758 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 2,642,317 [extracted, p.7] | 3,261,550 [extracted, p.7] | 2,996,792 [extracted, p.7] |
| net assets, end (Statement of activities) | 2,719,113 [extracted, p.7] | 2,642,317 [extracted, p.7] | 3,261,550 [extracted, p.7] |

| Ratio | FY ending 2025-09-30 | FY ending 2024-09-30 | FY ending 2023-09-30 |
|---|---:|---:|---:|
| Days cash on hand | absent [not computed] | absent [not computed] | absent [not computed] |
| Current ratio | 2.55x [plausible] | 6.63x [plausible] | 9.07x [plausible] |
| Operating margin | absent [not computed] | absent [not computed] | absent [not computed] |
| Total margin | 1.7% [plausible] | -18.1% [plausible] | 6.0% [plausible] |
| Patient revenue share | 46.2% [plausible] | 40.2% [plausible] | 42.5% [plausible] |
| Grant dependency | 26.1% [plausible] | 36.5% [plausible] | 36.3% [plausible] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | 185 days [plausible] | 42 days [plausible] | 40 days [plausible] |
| Debt to net assets | absent [not computed] | absent [not computed] | absent [not computed] |
| 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 (COVERED BRIDGE HEALTHCARE OF ST. JOSEPH COUNTY, 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, "Covered Bridge Healthcare Of St. Joseph County, Inc.", https://astrelis.co/providers/health_center/231096, 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.