# Covenant Community Care Inc.

Health Center, MI
Page: https://astrelis.co/providers/health_center/231925  
This twin: https://astrelis.co/providers/health_center/231925.md  
CMS Certification Number (CCN): 231925  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Operating margin (FY2025):** -74.1%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $9.7M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** -7.2%. 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

### COVENANT COMMUNITY CARE INC, MI

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-0000419443
- FY ending 2024-12-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-12-GSAFAC-0000368365
- FY ending 2023-12-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-12-GSAFAC-0000042001

| Line | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2023-12-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 4,393,145 [derived, p.5] | 7,332,768 [derived, p.5] | 6,224,050 [derived, p.5] |
| patient receivables, net (Statement of financial position) | absent (not printed, or not read) | 259,103 [derived, p.5] | 192,872 [derived, p.5] |
| grants and other receivables (Statement of financial position) | 1,211,949 [derived, p.5] | 236,751 [derived, p.5] | 2,368,440 [derived, p.5] |
| other current assets (Statement of financial position) | 1,680,895 [derived, p.5] | 92,899 [derived, p.5] | 24,804 [derived, p.5] |
| TOTAL CURRENT ASSETS (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| property and equipment, net (Statement of financial position) | 8,176,288 [derived, p.5] | 8,549,141 [derived, p.5] | 8,793,516 [derived, p.5] |
| other long-term assets (Statement of financial position) | 834,864 [derived, p.5] | 952,120 [derived, p.5] | 668,634 [derived, p.5] |
| TOTAL ASSETS (Statement of financial position) | 16,297,141 [extracted, p.5] | 17,422,782 [extracted, p.5] | 18,272,316 [extracted, p.5] |
| payables and accrued expenses (Statement of financial position) | 521,792 [derived, p.5] | 1,231,865 [derived, p.5] | 1,827,922 [derived, p.5] |
| 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) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| 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) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| long-term debt and leases (Statement of financial position) | 4,046,210 [derived, p.5] | 4,139,962 [derived, p.5] | 3,691,754 [derived, p.5] |
| 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) | 4,568,002 [extracted, p.5] | 5,371,827 [extracted, p.5] | 5,519,676 [extracted, p.5] |
| net assets without donor restrictions (Statement of financial position) | 11,717,216 [derived, p.5] | 11,986,038 [derived, p.5] | 12,738,740 [derived, p.5] |
| net assets with donor restrictions (Statement of financial position) | 11,923 [derived, p.5] | 64,917 [derived, p.5] | 13,900 [derived, p.5] |
| TOTAL NET ASSETS (Statement of financial position) | 11,729,139 [extracted, p.5] | 12,050,955 [extracted, p.5] | 12,752,640 [extracted, p.5] |
| patient service revenue, net (Statement of activities) | 11,217,432 [derived, p.6] | 9,540,128 [derived, p.6] | 9,090,465 [derived, p.6] |
| 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) | 4,753,310 [derived, p.6] | 4,445,127 [derived, p.6] | 7,067,868 [derived, p.6] |
| other grants and contracts (Statement of activities) | 129,612 [derived, p.6] | 209,995 [derived, p.6] | 50,000 [derived, p.6] |
| contributions (Statement of activities) | 111,857 [derived, p.6] | 96,099 [derived, p.6] | 167,575 [derived, p.6] |
| other revenue (Statement of activities) | 206,912 [derived, p.6] | 76,276 [derived, p.6] | 50,310 [derived, p.6] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 16,419,123 [extracted, p.6] | 14,367,625 [extracted, p.6] | 16,426,218 [extracted, p.6] |
| 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) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL EXPENSES (Statement of activities) | 16,740,939 [extracted, p.6] | 15,069,310 [extracted, p.6] | 14,665,315 [extracted, p.6] |
| 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) | -321,816 [extracted, p.6] | -701,685 [extracted, p.6] | 1,760,903 [extracted, p.6] |
| net assets, beginning (Statement of activities) | 12,050,955 [extracted, p.6] | 12,752,640 [extracted, p.6] | 10,991,737 [extracted, p.6] |
| net assets, end (Statement of activities) | 11,729,139 [extracted, p.6] | 12,050,955 [extracted, p.6] | 12,752,640 [extracted, p.6] |

| 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 | absent [not computed] | absent [not computed] | absent [not computed] |
| Operating margin | absent [not computed] | absent [not computed] | absent [not computed] |
| Total margin | -2.0% [plausible] | -4.9% [plausible] | 10.7% [plausible] |
| Patient revenue share | 68.3% [plausible] | 66.4% [plausible] | 55.3% [plausible] |
| Grant dependency | 29.7% [plausible] | 32.4% [plausible] | 43.3% [plausible] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | absent [not computed] | 10 days [plausible] | 8 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 (COVENANT COMMUNITY CARE 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, "Covenant Community Care Inc.", https://astrelis.co/providers/health_center/231925, 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.