# Project Renewal, Inc.

Health Center, NY
Page: https://astrelis.co/providers/health_center/331100  
This twin: https://astrelis.co/providers/health_center/331100.md  
CMS Certification Number (CCN): 331100  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Total patients (UDS) (FY2024):** 3,755. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2023):** -265.3%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 10. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 21.9%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2023):** $2.8M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2023):** +4.4%. 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

### PROJECT RENEWAL, INC., NY

Match to this profile: matched by name (method: name and state).

- FY ending 2025-06-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-06-GSAFAC-0000398399
- FY ending 2024-06-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-06-GSAFAC-0000362518
- FY ending 2023-06-30 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-06-GSAFAC-0000032241

| Line | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 33,663,329 [derived, p.5] | 29,632,601 [derived, p.5] | 33,421,708 [derived, p.5] |
| patient receivables, net (Statement of financial position) | 12,701,741 [derived, p.5] | 12,877,981 [derived, p.5] | 12,823,850 [derived, p.5] |
| grants and other receivables (Statement of financial position) | 46,386,358 [derived, p.5] | 43,804,007 [derived, p.5] | 33,351,959 [derived, p.5] |
| other current assets (Statement of financial position) | 2,840,694 [derived, p.5] | 2,995,747 [derived, p.5] | 1,525,279 [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) | 297,872,294 [derived, p.5] | 222,256,865 [derived, p.5] | 152,654,663 [derived, p.5] |
| other long-term assets (Statement of financial position) | 19,192,414 [derived, p.5] | 25,412,189 [derived, p.5] | 32,205,580 [derived, p.5] |
| TOTAL ASSETS (Statement of financial position) | 412,656,830 [extracted, p.5] | 336,979,390 [extracted, p.5] | 265,983,039 [extracted, p.5] |
| payables and accrued expenses (Statement of financial position) | 53,737,420 [derived, p.5] | 48,849,802 [derived, p.5] | 41,051,844 [derived, p.5] |
| deferred revenue (Statement of financial position) | 21,211,990 [derived, p.5] | 14,798,504 [derived, p.5] | 14,925,735 [derived, p.5] |
| 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) | 4,687,412 [derived, p.5] | 5,599,795 [derived, p.5] | 4,499,682 [derived, p.5] |
| 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) | 310,931,833 [derived, p.5] | 242,261,552 [derived, p.5] | 178,257,943 [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) | 390,568,655 [extracted, p.5] | 311,509,653 [extracted, p.5] | 238,735,204 [extracted, p.5] |
| net assets without donor restrictions (Statement of financial position) | 17,630,116 [derived, p.5] | 22,052,116 [derived, p.5] | 22,586,236 [derived, p.5] |
| net assets with donor restrictions (Statement of financial position) | 4,458,059 [derived, p.5] | 3,417,621 [derived, p.5] | 4,661,599 [derived, p.5] |
| TOTAL NET ASSETS (Statement of financial position) | 22,088,175 [extracted, p.5] | 25,469,737 [extracted, p.5] | 27,247,835 [extracted, p.5] |
| patient service revenue, net (Statement of activities) | 5,317,810 [derived, p.6] | 4,986,384 [derived, p.6] | 5,032,526 [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) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other grants and contracts (Statement of activities) | 103,998,478 [derived, p.6] | 99,813,247 [derived, p.6] | 94,513,330 [derived, p.6] |
| contributions (Statement of activities) | 4,196,428 [derived, p.6] | 2,143,562 [derived, p.6] | 4,313,538 [derived, p.6] |
| other revenue (Statement of activities) | 17,903,015 [derived, p.6] | 18,850,518 [derived, p.6] | 15,264,372 [derived, p.6] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 131,415,731 [extracted, p.6] | 125,793,711 [extracted, p.6] | 119,123,766 [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) | 135,048,617 [extracted, p.6] | 130,227,443 [extracted, p.6] | 123,799,963 [extracted, p.6] |
| OPERATING RESULT (Statement of activities) | -3,632,886 [extracted, p.6] | -4,433,732 [extracted, p.6] | -4,676,197 [extracted, p.6] |
| non-operating and other changes (Statement of activities) | 251,324 [derived, p.6] | 2,655,634 [derived, p.6] | 6,031,012 [derived, p.6] |
| CHANGE IN NET ASSETS (Statement of activities) | -3,381,562 [extracted, p.6] | -1,778,098 [extracted, p.6] | 1,354,815 [extracted, p.6] |
| net assets, beginning (Statement of activities) | 25,469,737 [extracted, p.6] | 27,247,835 [extracted, p.6] | 25,893,020 [extracted, p.6] |
| net assets, end (Statement of activities) | 22,088,175 [extracted, p.6] | 25,469,737 [extracted, p.6] | 27,247,835 [extracted, p.6] |

| Ratio | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| 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 | -2.8% [plausible] | -3.5% [plausible] | -3.9% [plausible] |
| Total margin | -2.6% [plausible] | -1.4% [plausible] | 1.1% [plausible] |
| Patient revenue share | 4.0% [plausible] | 4.0% [plausible] | 4.2% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | 872 days [plausible] | 945 days [plausible] | 930 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 (PROJECT RENEWAL, INC.; 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, "Project Renewal, Inc.", https://astrelis.co/providers/health_center/331100, 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.