# Spectra Health

Health Center, ND
Page: https://astrelis.co/providers/health_center/351817  
This twin: https://astrelis.co/providers/health_center/351817.md  
CMS Certification Number (CCN): 351817  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Operating margin (FY2025):** -59.8%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $5.5M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** +0.9%. 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

### SPECTRA HEALTH, ND

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 2025-05-31 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-05-GSAFAC-0000380088
- FY ending 2024-05-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-05-GSAFAC-0000052678
- FY ending 2023-05-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-05-GSAFAC-0000001006

| Line | FY ending 2025-05-31 | FY ending 2024-05-31 | FY ending 2023-05-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 4,976,572 [derived, p.6] | 4,721,174 [derived, p.6] | 3,094,464 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 323,247 [derived, p.6] | 413,820 [derived, p.6] | 256,966 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 106,893 [derived, p.6] | 150,426 [derived, p.6] | 193,354 [derived, p.6] |
| other current assets (Statement of financial position) | 44,251 [derived, p.6] | 51,886 [derived, p.6] | 77,278 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 5,450,963 [extracted, p.6] | 5,337,306 [extracted, p.6] | 3,622,062 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 6,279,232 [derived, p.6] | 5,397,969 [derived, p.6] | 5,663,393 [derived, p.6] |
| other long-term assets (Statement of financial position) | 88,055 [derived, p.6] | 420,784 [derived, p.6] | 55,766 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 11,818,250 [extracted, p.6] | 11,156,059 [extracted, p.6] | 9,341,221 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 788,915 [derived, p.6] | 763,097 [derived, p.6] | 659,229 [derived, p.6] |
| deferred revenue (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | 4,600 [derived, p.6] |
| current debt and leases (Statement of financial position) | 101,299 [derived, p.6] | 79,363 [derived, p.6] | 66,443 [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) | 890,214 [extracted, p.6] | 842,460 [extracted, p.6] | 730,272 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 1,714,955 [derived, p.6] | 1,181,831 [derived, p.6] | 1,225,126 [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) | 2,605,169 [extracted, p.6] | 2,024,291 [extracted, p.6] | 1,955,398 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 9,213,081 [derived, p.6] | 9,131,768 [derived, p.6] | 7,367,934 [derived, p.6] |
| net assets with donor restrictions (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | 17,889 [derived, p.6] |
| TOTAL NET ASSETS (Statement of financial position) | 9,213,081 [extracted, p.6] | 9,131,768 [extracted, p.6] | 7,385,823 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 5,537,752 [derived, p.7] | 6,733,040 [derived, p.7] | 3,076,764 [derived, p.7] |
| pharmacy and 340B revenue (Statement of activities) | 191,644 [derived, p.7] | 164,293 [derived, p.7] | 130,879 [derived, p.7] |
| 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) | 2,939,331 [derived, p.7] | 2,800,064 [derived, p.7] | 4,598,241 [derived, p.7] |
| contributions (Statement of activities) | 3,072 [derived, p.7] | 12,112 [derived, p.7] | 10,585 [derived, p.7] |
| other revenue (Statement of activities) | 257,308 [derived, p.7] | 234,330 [derived, p.7] | 123,295 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 8,929,107 [extracted, p.7] | 9,943,839 [extracted, p.7] | 7,939,764 [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) | 8,847,794 [extracted, p.7] | 8,197,894 [extracted, p.7] | 7,336,992 [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) | 81,313 [extracted, p.7] | 1,745,945 [extracted, p.7] | 602,772 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 9,131,768 [extracted, p.7] | 7,385,823 [extracted, p.7] | 6,783,051 [extracted, p.7] |
| net assets, end (Statement of activities) | 9,213,081 [extracted, p.7] | 9,131,768 [extracted, p.7] | 7,385,823 [extracted, p.7] |

| Ratio | FY ending 2025-05-31 | FY ending 2024-05-31 | FY ending 2023-05-31 |
|---|---:|---:|---:|
| Days cash on hand | absent [not computed] | absent [not computed] | absent [not computed] |
| Current ratio | 6.12x [plausible] | 6.34x [plausible] | 4.96x [plausible] |
| Operating margin | absent [not computed] | absent [not computed] | absent [not computed] |
| Total margin | 0.9% [plausible] | 17.6% [plausible] | 7.6% [plausible] |
| Patient revenue share | 62.0% [plausible] | 67.7% [plausible] | 38.8% [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 | 21 days [plausible] | 22 days [plausible] | 30 days [plausible] |
| Debt to net assets | 0.20x [plausible] | 0.14x [plausible] | 0.17x [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 (SPECTRA HEALTH; 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, "Spectra Health", https://astrelis.co/providers/health_center/351817, 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.