# Lake Superior Community Health Center

Health Center, MN
Page: https://astrelis.co/providers/health_center/241814  
This twin: https://astrelis.co/providers/health_center/241814.md  
CMS Certification Number (CCN): 241814  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Operating margin (FY2025):** -49.8%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $10.0M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** +3.4%. 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

### Lake Superior Community Health Center, Inc., MN

Match to this profile: identifier verified: the EIN the dataset carries for this CCN agrees with the filed EIN (method: exact name and state, narrowed by address (FACLAND tier 1+3)).

- FY ending 2024-12-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-12-GSAFAC-0000378158
- FY ending 2023-12-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-12-GSAFAC-0000055667
- FY ending 2022-12-31 (audit year 2022): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2022-12-CENSUS-0000031508

| Line | FY ending 2024-12-31 | FY ending 2023-12-31 | FY ending 2022-12-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 2,381,248 [derived, p.6] | 1,693,872 [derived, p.6] | 2,784,586 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 1,477,518 [derived, p.6] | 799,543 [derived, p.6] | 504,305 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 246,153 [derived, p.6] | 675,669 [derived, p.6] | 1,323,390 [derived, p.6] |
| other current assets (Statement of financial position) | 167,627 [derived, p.6] | 164,751 [derived, p.6] | 120,319 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 4,272,546 [extracted, p.6] | 3,333,835 [extracted, p.6] | 4,732,600 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 6,320,387 [derived, p.6] | 7,228,959 [derived, p.6] | 7,816,842 [derived, p.6] |
| other long-term assets (Statement of financial position) | 5,434,983 [derived, p.6] | 5,734,983 [derived, p.6] | 4,949,924 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 16,027,916 [extracted, p.6] | 16,297,777 [extracted, p.6] | 17,499,366 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 946,564 [derived, p.6] | 1,049,682 [derived, p.6] | 1,129,765 [derived, p.6] |
| deferred revenue (Statement of financial position) | 93,752 [derived, p.6] | 18,884 [derived, p.6] | absent (not printed, or not read) |
| current debt and leases (Statement of financial position) | 579,230 [derived, p.6] | 602,211 [derived, p.6] | 588,035 [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) | 1,619,546 [extracted, p.6] | 1,670,777 [extracted, p.6] | 1,717,800 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 4,010,444 [derived, p.6] | 4,590,212 [derived, p.6] | 5,192,312 [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) | 5,629,990 [extracted, p.6] | 6,260,989 [extracted, p.6] | 6,910,112 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 10,397,926 [derived, p.6] | 10,036,788 [derived, p.6] | 10,489,254 [derived, p.6] |
| net assets with donor restrictions (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | 100,000 [derived, p.6] |
| TOTAL NET ASSETS (Statement of financial position) | 10,397,926 [extracted, p.6] | 10,036,788 [extracted, p.6] | 10,589,254 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 10,384,052 [derived, p.7] | 9,324,375 [derived, p.7] | 8,278,574 [derived, p.7] |
| pharmacy and 340B revenue (Statement of activities) | 795,950 [derived, p.7] | 848,727 [derived, p.7] | 708,521 [derived, p.7] |
| federal grants (Statement of activities) | 2,069,443 [derived, p.7] | 2,525,396 [derived, p.7] | 4,125,319 [derived, p.7] |
| other grants and contracts (Statement of activities) | 836,180 [derived, p.7] | 931,826 [derived, p.7] | 919,342 [derived, p.7] |
| contributions (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | 49,082 [derived, p.7] |
| other revenue (Statement of activities) | 419,517 [derived, p.7] | 391,535 [derived, p.7] | 86,949 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 14,505,142 [extracted, p.7] | 14,021,859 [extracted, p.7] | 14,167,787 [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) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL EXPENSES (Statement of activities) | 14,144,004 [extracted, p.7] | 14,474,325 [extracted, p.7] | 12,968,142 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | 361,138 [extracted, p.7] | -452,466 [extracted, p.7] | 1,199,645 [extracted, p.7] |
| non-operating and other changes (Statement of activities) | absent (not printed, or not read) | -100,000 [derived, p.7] | -152,900 [derived, p.7] |
| CHANGE IN NET ASSETS (Statement of activities) | 361,138 [extracted, p.7] | -552,466 [extracted, p.7] | 1,046,745 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 10,036,788 [extracted, p.7] | 10,589,254 [extracted, p.7] | 9,542,509 [extracted, p.7] |
| net assets, end (Statement of activities) | 10,397,926 [extracted, p.7] | 10,036,788 [extracted, p.7] | 10,589,254 [extracted, p.7] |

| Ratio | FY ending 2024-12-31 | FY ending 2023-12-31 | FY ending 2022-12-31 |
|---|---:|---:|---:|
| Days cash on hand | absent [not computed] | absent [not computed] | absent [not computed] |
| Current ratio | 2.64x [plausible] | 2.00x [plausible] | 2.76x [plausible] |
| Operating margin | 2.5% [plausible] | -3.2% [plausible] | 8.5% [plausible] |
| Total margin | 2.5% [plausible] | -3.9% [plausible] | 7.4% [plausible] |
| Patient revenue share | 71.6% [plausible] | 66.5% [plausible] | 58.4% [plausible] |
| Grant dependency | 20.0% [plausible] | 24.7% [plausible] | 35.6% [plausible] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | 52 days [plausible] | 31 days [plausible] | 22 days [plausible] |
| Debt to net assets | 0.44x [plausible] | 0.52x [plausible] | 0.55x [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 (Lake Superior 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, "Lake Superior Community Health Center", https://astrelis.co/providers/health_center/241814, 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.