# Sandhills Medical Foundation,  Inc.

Health Center, SC
Page: https://astrelis.co/providers/health_center/421825  
This twin: https://astrelis.co/providers/health_center/421825.md  
CMS Certification Number (CCN): 421825  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Total patients (UDS) (FY2024):** 12,014. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total visits (all service types) (FY2024):** 47,779. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 12. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 39.1%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2025):** -31.1%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $25.7M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** +4.3%. 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

### Sandhills Medical Foundation, Inc., SC

Match to this profile: identifier verified: the EIN the dataset carries for this CCN agrees with the filed EIN (method: normalized name and ZIP (FACLAND tier 2)).

- FY ending 2025-05-31 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-05-GSAFAC-0000388193
- FY ending 2024-05-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-05-GSAFAC-0000365442
- FY ending 2023-05-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-05-GSAFAC-0000008860

| Line | FY ending 2025-05-31 | FY ending 2024-05-31 | FY ending 2023-05-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 3,956,209 [derived, p.6] | 9,257,585 [derived, p.6] | 9,206,813 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 2,381,562 [derived, p.6] | 1,571,368 [derived, p.6] | 1,613,316 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 442,593 [derived, p.6] | 111,481 [derived, p.6] | 583,695 [derived, p.6] |
| other current assets (Statement of financial position) | 1,104,033 [derived, p.6] | 1,023,160 [derived, p.6] | 1,208,809 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 14,168,532 [extracted, p.6] | 11,963,594 [extracted, p.6] | 12,612,633 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 11,584,964 [derived, p.6] | 11,599,267 [derived, p.6] | 11,832,300 [derived, p.6] |
| other long-term assets (Statement of financial position) | 1,727,603 [derived, p.6] | 1,530,425 [derived, p.6] | 1,540,083 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 27,481,099 [extracted, p.6] | 25,093,286 [extracted, p.6] | 25,985,016 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 1,766,700 [derived, p.6] | 2,227,129 [derived, p.6] | 1,454,477 [derived, p.6] |
| 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) | 202,197 [derived, p.6] | 90,047 [derived, p.6] | 152,968 [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) | 1,968,897 [extracted, p.6] | 2,317,176 [extracted, p.6] | 1,607,445 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 3,516,399 [derived, p.6] | 3,554,658 [derived, p.6] | 3,645,309 [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) | 5,485,296 [extracted, p.6] | 5,871,834 [extracted, p.6] | 5,252,754 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 21,012,952 [derived, p.6] | 19,221,452 [derived, p.6] | 20,732,262 [derived, p.6] |
| net assets with donor restrictions (Statement of financial position) | 982,851 [derived, p.6] | absent (not printed, or not read) | 0 [derived, p.6] |
| TOTAL NET ASSETS (Statement of financial position) | 21,995,803 [extracted, p.6] | 19,221,452 [extracted, p.6] | 20,732,262 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 25,657,547 [derived, p.7] | 23,775,723 [derived, p.7] | 20,454,733 [derived, p.7] |
| pharmacy and 340B revenue (Statement of activities) | 206,623 [derived, p.7] | 156,833 [derived, p.7] | 162,356 [derived, p.7] |
| federal grants (Statement of activities) | 2,954,234 [derived, p.7] | 3,906,174 [derived, p.7] | 4,293,808 [derived, p.7] |
| other grants and contracts (Statement of activities) | 5,189,147 [derived, p.7] | 506,901 [derived, p.7] | 622,611 [derived, p.7] |
| contributions (Statement of activities) | 170,365 [derived, p.7] | 82,560 [derived, p.7] | 85,707 [derived, p.7] |
| other revenue (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | 0 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 34,177,916 [extracted, p.7] | 28,428,191 [extracted, p.7] | 25,619,215 [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) | 33,634,372 [extracted, p.7] | 30,516,381 [extracted, p.7] | 26,219,934 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | 543,544 [extracted, p.7] | -2,088,190 [extracted, p.7] | -600,719 [extracted, p.7] |
| non-operating and other changes (Statement of activities) | 1,962,823 [derived, p.7] | 687,159 [derived, p.7] | 235,245 [derived, p.7] |
| CHANGE IN NET ASSETS (Statement of activities) | 2,506,367 [extracted, p.7] | -1,401,031 [extracted, p.7] | -365,474 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 19,489,436 [extracted, p.7] | 20,622,483 [extracted, p.7] | 21,097,736 [extracted, p.7] |
| net assets, end (Statement of activities) | 21,995,803 [extracted, p.7] | 19,221,452 [extracted, p.7] | 20,732,262 [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 | 7.20x [plausible] | 5.16x [plausible] | 7.85x [plausible] |
| Operating margin | 1.6% [plausible] | -7.3% [plausible] | -2.3% [plausible] |
| Total margin | 7.3% [plausible] | -4.9% [plausible] | -1.4% [plausible] |
| Patient revenue share | 75.1% [plausible] | 83.6% [plausible] | 79.8% [plausible] |
| Grant dependency | 23.8% [plausible] | 15.5% [plausible] | 19.2% [plausible] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | 34 days [plausible] | 24 days [plausible] | 29 days [plausible] |
| Debt to net assets | 0.17x [plausible] | 0.19x [plausible] | 0.18x [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 (Sandhills Medical Foundation, 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, "Sandhills Medical Foundation,  Inc.", https://astrelis.co/providers/health_center/421825, 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.