# Carolina Family Health Centers, Inc.

Health Center, NC
Page: https://astrelis.co/providers/health_center/341859  
This twin: https://astrelis.co/providers/health_center/341859.md  
CMS Certification Number (CCN): 341859  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Total patients (UDS) (FY2024):** 23,156. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2025):** -4.6%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 9. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 44.7%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $42.6M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** +24.7%. 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

### Carolina Family Health Centers, Inc., NC

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 2025-06-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-06-GSAFAC-0000397551
- FY ending 2024-06-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-06-GSAFAC-0000354749
- FY ending 2023-06-30 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-06-GSAFAC-0000031054

| Line | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 14,207,231 [derived, p.6] | 11,658,117 [derived, p.6] | 8,800,515 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 10,770,819 [derived, p.6] | 16,811,704 [derived, p.6] | 15,793,217 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 1,630,861 [derived, p.6] | 1,084,682 [derived, p.6] | 1,226,186 [derived, p.6] |
| other current assets (Statement of financial position) | 1,016,670 [derived, p.6] | 942,403 [derived, p.6] | 913,468 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 27,625,581 [extracted, p.6] | 30,496,906 [extracted, p.6] | 26,733,386 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 15,948,725 [derived, p.6] | 14,291,700 [derived, p.6] | 12,809,809 [derived, p.6] |
| other long-term assets (Statement of financial position) | 51,818,091 [derived, p.6] | 35,160,269 [derived, p.6] | 22,520,063 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 95,392,397 [extracted, p.6] | 79,948,875 [extracted, p.6] | 62,063,258 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 2,258,031 [derived, p.6] | 2,416,811 [derived, p.6] | 2,247,159 [derived, p.6] |
| deferred revenue (Statement of financial position) | 360,778 [derived, p.6] | 496,526 [derived, p.6] | 570,844 [derived, p.6] |
| 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) | 2,618,809 [extracted, p.6] | 2,913,337 [extracted, p.6] | 2,818,003 [extracted, p.6] |
| long-term 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 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) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| net assets without donor restrictions (Statement of financial position) | 92,773,588 [derived, p.6] | 77,035,538 [derived, p.6] | 59,245,255 [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) | 92,773,588 [extracted, p.6] | 77,035,538 [extracted, p.6] | 59,245,255 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 43,669,984 [derived, p.7] | 38,684,220 [derived, p.7] | 33,402,172 [derived, p.7] |
| 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) | 9,377,807 [derived, p.7] | 8,612,467 [derived, p.7] | 10,800,166 [derived, p.7] |
| contributions (Statement of activities) | 2,359,401 [derived, p.7] | 2,427,071 [derived, p.7] | 2,131,973 [derived, p.7] |
| other revenue (Statement of activities) | 4,853,716 [derived, p.7] | 8,344,937 [derived, p.7] | 2,242,461 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 60,260,908 [extracted, p.7] | 58,068,695 [extracted, p.7] | 48,576,772 [extracted, p.7] |
| salaries and benefits (Statement of activities) | 17,822,668 [derived, p.7] | 17,078,768 [derived, p.7] | 15,877,762 [derived, p.7] |
| supplies and pharmaceuticals (Statement of activities) | 17,774,827 [derived, p.7] | 13,993,042 [derived, p.7] | 11,432,871 [derived, p.7] |
| purchased and professional services (Statement of activities) | 2,890,434 [derived, p.7] | 3,255,485 [derived, p.7] | 2,978,207 [derived, p.7] |
| occupancy (Statement of activities) | 406,127 [derived, p.7] | 453,683 [derived, p.7] | 380,471 [derived, p.7] |
| depreciation and amortization (Statement of activities) | 889,207 [derived, p.7] | 1,053,784 [derived, p.7] | 898,697 [derived, p.7] |
| 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) | 4,739,595 [derived, p.7] | 4,443,650 [derived, p.7] | 3,751,220 [derived, p.7] |
| TOTAL EXPENSES (Statement of activities) | 44,522,858 [extracted, p.7] | 40,278,412 [extracted, p.7] | 35,319,228 [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) | 15,738,050 [extracted, p.7] | 17,790,283 [extracted, p.7] | 13,257,544 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 77,035,538 [extracted, p.7] | 59,245,255 [extracted, p.7] | 45,987,711 [extracted, p.7] |
| net assets, end (Statement of activities) | 92,773,588 [extracted, p.7] | 77,035,538 [extracted, p.7] | 59,245,255 [extracted, p.7] |

| Ratio | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| Days cash on hand | 119 days [plausible] | 109 days [plausible] | 93 days [plausible] |
| Current ratio | 10.55x [plausible] | 10.47x [plausible] | 9.49x [plausible] |
| Operating margin | absent [not computed] | absent [not computed] | absent [not computed] |
| Total margin | 26.1% [plausible] | 30.6% [plausible] | 27.3% [plausible] |
| Patient revenue share | 72.5% [plausible] | 66.6% [plausible] | 68.8% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | 40.0% [plausible] | 42.4% [plausible] | 45.0% [plausible] |
| Days in patient receivables | 90 days [plausible] | 159 days [plausible] | 173 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 (Carolina Family Health Centers, 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, "Carolina Family Health Centers, Inc.", https://astrelis.co/providers/health_center/341859, 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.