# Memphis Health Center

Health Center, TN
Page: https://astrelis.co/providers/health_center/441810  
This twin: https://astrelis.co/providers/health_center/441810.md  
CMS Certification Number (CCN): 441810  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Total patients (UDS) (FY2024):** 18,475. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2025):** -82.9%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 7. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 28.7%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $9.1M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** +1.9%. 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

### Memphis Health Center Inc, TN

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): income statement foots only; audit as filed https://app.fac.gov/dissemination/summary/2025-05-GSAFAC-0000414657
- FY ending 2024-05-31 (audit year 2024): balance sheet foots only; audit as filed https://app.fac.gov/dissemination/summary/2024-05-GSAFAC-0000382908
- FY ending 2023-05-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-05-GSAFAC-0000367754

| Line | FY ending 2025-05-31 | FY ending 2024-05-31 | FY ending 2023-05-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 5,707,194 [derived, p.6] | 6,310,460 [derived, p.6] | 4,182,295 [derived, p.7] |
| patient receivables, net (Statement of financial position) | 1,027,701 [derived, p.6] | absent (not printed, or not read) | 2,656,669 [derived, p.7] |
| grants and other receivables (Statement of financial position) | 267,497 [derived, p.6] | 5,076,487 [derived, p.6] | 342,378 [derived, p.7] |
| other current assets (Statement of financial position) | 40,388 [derived, p.6] | 40,388 [derived, p.6] | 40,388 [derived, p.7] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 7,042,780 [extracted, p.6] | 11,427,335 [extracted, p.6] | 7,221,730 [extracted, p.7] |
| property and equipment, net (Statement of financial position) | 5,582,688 [derived, p.6] | 7,715,044 [derived, p.6] | 8,213,749 [derived, p.7] |
| other long-term assets (Statement of financial position) | 15,304 [derived, p.6] | 156,947 [derived, p.6] | absent (not printed, or not read) |
| TOTAL ASSETS (Statement of financial position) | 12,640,772 [extracted, p.6] | 19,299,326 [extracted, p.6] | 15,435,479 [extracted, p.7] |
| payables and accrued expenses (Statement of financial position) | 657,614 [derived, p.6] | 1,381,875 [derived, p.6] | 982,364 [derived, p.7] |
| 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) | absent (not printed, or not read) | 48,000 [derived, p.6] | 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) | 657,614 [extracted, p.6] | 1,429,875 [extracted, p.6] | 982,364 [extracted, p.7] |
| long-term debt and leases (Statement of financial position) | absent (not printed, or not read) | 93,643 [derived, p.6] | absent (not printed, or not read) |
| other long-term liabilities (Statement of financial position) | 8,852 [derived, p.6] | 1,117,891 [derived, p.6] | 1,496,686 [derived, p.7] |
| TOTAL LIABILITIES (Statement of financial position) | 666,466 [extracted, p.6] | 2,641,409 [extracted, p.6] | 2,479,050 [extracted, p.7] |
| net assets without donor restrictions (Statement of financial position) | 11,974,306 [derived, p.6] | 16,657,917 [derived, p.6] | 12,956,429 [derived, p.7] |
| 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) | absent (not printed, or not read) | 16,657,917 [extracted, p.6] | 12,956,429 [extracted, p.7] |
| patient service revenue, net (Statement of activities) | 4,142,870 [derived, p.7] | 3,990,514 [derived, p.7] | 4,714,876 [derived, p.8] |
| 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) | 6,740,887 [derived, p.7] | absent (not printed, or not read) | absent (not printed, or not read) |
| other grants and contracts (Statement of activities) | 2,418,349 [derived, p.7] | 9,308,569 [derived, p.7] | 8,328,367 [derived, p.8] |
| contributions (Statement of activities) | 2,000 [derived, p.7] | 7,750 [derived, p.7] | absent (not printed, or not read) |
| other revenue (Statement of activities) | 303,335 [derived, p.7] | absent (not printed, or not read) | 207,291 [derived, p.8] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 13,607,441 [extracted, p.7] | 13,306,833 [extracted, p.7] | 13,250,534 [extracted, p.8] |
| 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) | 15,569,130 [extracted, p.7] | 15,751,331 [extracted, p.7] | 15,460,084 [extracted, p.8] |
| OPERATING RESULT (Statement of activities) | -1,961,689 [extracted, p.7] | -2,444,498 [extracted, p.7] | absent (not printed, or not read) |
| non-operating and other changes (Statement of activities) | 209,871 [derived, p.7] | 535,693 [derived, p.7] | absent (not printed, or not read) |
| CHANGE IN NET ASSETS (Statement of activities) | -1,751,818 [extracted, p.7] | -1,908,805 [extracted, p.7] | -2,209,550 [extracted, p.8] |
| net assets, beginning (Statement of activities) | 13,726,124 [extracted, p.7] | absent (the total's presence could not be verified) | 15,165,979 [extracted, p.8] |
| net assets, end (Statement of activities) | 11,974,306 [extracted, p.7] | 16,657,917 [extracted, p.7] | 12,956,429 [extracted, p.8] |

| 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 | 10.71x [plausible] | 7.99x [plausible] | 7.35x [plausible] |
| Operating margin | -14.4% [plausible] | -18.4% [plausible] | absent [not computed] |
| Total margin | -12.9% [plausible] | -14.3% [plausible] | -16.7% [plausible] |
| Patient revenue share | 30.4% [plausible] | 30.0% [plausible] | 35.6% [plausible] |
| Grant dependency | 67.3% [plausible] | absent [not computed] | absent [not computed] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | 91 days [plausible] | absent [not computed] | 206 days [plausible] |
| Debt to net assets | absent [not computed] | 0.01x [plausible] | 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 (Memphis 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, "Memphis Health Center", https://astrelis.co/providers/health_center/441810, 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.