# Catherine's Health Center

Health Center, MI
Page: https://astrelis.co/providers/health_center/231182  
This twin: https://astrelis.co/providers/health_center/231182.md  
CMS Certification Number (CCN): 231182  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2022 to 2024)

Filings that are not a full fiscal year: FY2022 covers 206 days. These years sit in no comparison pool.

- **Total patients (UDS) (FY2024):** 6,148. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total visits (all service types) (FY2024):** 24,093. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 15. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 8.5%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2024):** -167.6%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2024):** $3.2M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2024):** -0.8%. 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

### CATHERINES HEALTH CENTER, MI

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-0000424445
- FY ending 2024-12-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-12-GSAFAC-0000376339
- FY ending 2023-12-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-12-GSAFAC-0000057218

| Line | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 1,911,359 [derived, p.6] | 1,073,101 [derived, p.6] | 1,089,384 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 2,504,482 [derived, p.6] | 1,435,192 [derived, p.6] | 1,108,078 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 567,077 [derived, p.6] | 200,270 [derived, p.6] | 70,827 [derived, p.6] |
| other current assets (Statement of financial position) | 24,241 [derived, p.6] | 9,138 [derived, p.6] | 6,504 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 5,007,159 [extracted, p.6] | 2,717,701 [extracted, p.6] | 2,274,793 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 3,198,645 [derived, p.6] | 3,489,206 [derived, p.6] | 3,692,960 [derived, p.6] |
| other long-term assets (Statement of financial position) | 427,144 [derived, p.6] | 470,292 [derived, p.6] | 530,541 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 8,632,948 [extracted, p.6] | 6,677,199 [extracted, p.6] | 6,498,294 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 423,699 [derived, p.7] | 391,429 [derived, p.7] | 453,517 [derived, p.7] |
| deferred revenue (Statement of financial position) | 50,000 [derived, p.7] | 21,000 [derived, p.7] | absent (not printed, or not read) |
| current debt and leases (Statement of financial position) | 173,741 [derived, p.7] | 198,971 [derived, p.7] | 222,946 [derived, p.7] |
| 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) | 647,440 [extracted, p.7] | 611,400 [extracted, p.7] | 676,463 [extracted, p.7] |
| long-term debt and leases (Statement of financial position) | 238,014 [derived, p.7] | 272,563 [derived, p.7] | 332,343 [derived, p.7] |
| 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) | 885,454 [extracted, p.7] | 883,963 [extracted, p.7] | 1,008,806 [extracted, p.7] |
| net assets without donor restrictions (Statement of financial position) | 6,871,500 [derived, p.7] | 4,782,513 [derived, p.7] | 4,350,401 [derived, p.7] |
| net assets with donor restrictions (Statement of financial position) | 875,994 [derived, p.7] | 1,010,723 [derived, p.7] | 1,139,087 [derived, p.7] |
| TOTAL NET ASSETS (Statement of financial position) | 7,747,494 [extracted, p.7] | 5,793,236 [extracted, p.7] | 5,489,488 [extracted, p.7] |
| patient service revenue, net (Statement of activities) | 5,633,873 [derived, p.8] | 4,389,924 [derived, p.8] | 3,142,233 [derived, p.8] |
| 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) | 3,173,147 [derived, p.8] | 1,943,838 [derived, p.8] | 4,752,272 [derived, p.8] |
| other grants and contracts (Statement of activities) | 1,029,471 [derived, p.8] | 989,866 [derived, p.8] | 599,468 [derived, p.8] |
| contributions (Statement of activities) | 670,762 [derived, p.8] | 598,566 [derived, p.8] | 638,922 [derived, p.8] |
| other revenue (Statement of activities) | 1,138,198 [derived, p.8] | 671,858 [derived, p.8] | 282,602 [derived, p.8] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 11,645,451 [extracted, p.8] | 8,594,052 [extracted, p.8] | 9,415,497 [extracted, p.8] |
| 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) | 9,691,193 [derived, p.8] | 8,290,304 [derived, p.8] | 8,784,226 [derived, p.8] |
| TOTAL EXPENSES (Statement of activities) | 9,691,193 [extracted, p.8] | 8,290,304 [extracted, p.8] | 8,784,226 [extracted, p.8] |
| 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) | 1,954,258 [extracted, p.8] | 303,748 [extracted, p.8] | 631,271 [extracted, p.8] |
| net assets, beginning (Statement of activities) | 5,793,236 [extracted, p.8] | 5,489,488 [extracted, p.8] | 4,858,217 [extracted, p.8] |
| net assets, end (Statement of activities) | 7,747,494 [extracted, p.8] | 5,793,236 [extracted, p.8] | 5,489,488 [extracted, p.8] |

| Ratio | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| Days cash on hand | absent [not computed] | absent [not computed] | absent [not computed] |
| Current ratio | 7.73x [plausible] | 4.45x [plausible] | 3.36x [plausible] |
| Operating margin | absent [not computed] | absent [not computed] | absent [not computed] |
| Total margin | 16.8% [plausible] | 3.5% [plausible] | 6.7% [plausible] |
| Patient revenue share | 48.4% [plausible] | 51.1% [plausible] | 33.4% [plausible] |
| Grant dependency | 36.1% [plausible] | 34.1% [plausible] | 56.8% [plausible] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | 162 days [plausible] | 120 days [plausible] | 129 days [plausible] |
| Debt to net assets | 0.05x [plausible] | 0.08x [plausible] | 0.10x [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 (CATHERINES HEALTH CENTER; 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, "Catherine's Health Center", https://astrelis.co/providers/health_center/231182, 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.