# North Olympic Healthcare Network Pc

Health Center, WA
Page: https://astrelis.co/providers/health_center/501872  
This twin: https://astrelis.co/providers/health_center/501872.md  
CMS Certification Number (CCN): 501872  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Total patients (UDS) (FY2024):** 13,974. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total visits (all service types) (FY2024):** 67,419. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 5. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 1.2%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2025):** +6.3%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $17.6M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** +8.8%. 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

### North Olympic Healthcare Network, WA

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

- FY ending 2025-05-31 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-05-GSAFAC-0000377856
- FY ending 2024-05-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-05-GSAFAC-0000055466
- FY ending 2023-05-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-05-GSAFAC-0000018614

| Line | FY ending 2025-05-31 | FY ending 2024-05-31 | FY ending 2023-05-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 3,670,086 [derived, p.7] | 350,279 [derived, p.6] | 800,168 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 4,596,257 [derived, p.7] | 3,315,979 [derived, p.6] | 3,173,348 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 157,201 [derived, p.7] | 64,657 [derived, p.6] | 170,878 [derived, p.6] |
| other current assets (Statement of financial position) | 252,708 [derived, p.7] | 67,352 [derived, p.6] | 59,765 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 8,676,252 [extracted, p.7] | 3,798,267 [extracted, p.6] | 4,204,159 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 11,016,149 [derived, p.7] | 11,196,381 [derived, p.6] | 11,559,326 [derived, p.6] |
| other long-term assets (Statement of financial position) | 3,208,317 [derived, p.7] | 6,402,214 [derived, p.6] | 6,710,550 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 22,900,718 [extracted, p.7] | 21,396,862 [extracted, p.6] | 22,474,035 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 945,693 [derived, p.8] | 941,066 [derived, p.7] | 584,323 [derived, p.7] |
| deferred revenue (Statement of financial position) | 39,022 [derived, p.8] | 51,653 [derived, p.7] | 676,567 [derived, p.7] |
| current debt and leases (Statement of financial position) | 390,652 [derived, p.8] | 357,097 [derived, p.7] | 474,006 [derived, p.7] |
| other current liabilities (Statement of financial position) | 63,503 [derived, p.8] | 80,275 [derived, p.7] | 29,843 [derived, p.7] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 1,438,870 [extracted, p.8] | 1,430,091 [extracted, p.7] | 1,764,739 [extracted, p.7] |
| long-term debt and leases (Statement of financial position) | 6,254,213 [derived, p.8] | 6,630,452 [derived, p.7] | 7,007,102 [derived, p.7] |
| other long-term liabilities (Statement of financial position) | 178,957 [derived, p.8] | 125,300 [derived, p.7] | absent (not printed, or not read) |
| TOTAL LIABILITIES (Statement of financial position) | 7,872,040 [extracted, p.8] | 8,185,843 [extracted, p.7] | 8,771,841 [extracted, p.7] |
| net assets without donor restrictions (Statement of financial position) | 15,028,678 [derived, p.8] | 13,211,019 [derived, p.7] | 13,702,194 [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) | 15,028,678 [extracted, p.8] | 13,211,019 [extracted, p.7] | 13,702,194 [extracted, p.7] |
| patient service revenue, net (Statement of activities) | 23,192,554 [derived, p.9] | 16,985,037 [derived, p.8] | 14,910,247 [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) | 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) | 2,338,594 [derived, p.9] | 2,651,778 [derived, p.8] | 4,045,176 [derived, p.8] |
| contributions (Statement of activities) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| other revenue (Statement of activities) | 1,191,866 [derived, p.9] | 1,082,185 [derived, p.8] | 554,314 [derived, p.8] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 26,723,014 [extracted, p.9] | 20,719,000 [extracted, p.8] | 19,509,737 [extracted, p.8] |
| salaries and benefits (Statement of activities) | 17,621,250 [derived, p.9] | 15,356,890 [derived, p.8] | 13,183,905 [derived, p.8] |
| supplies and pharmaceuticals (Statement of activities) | 3,905,056 [derived, p.9] | 2,520,780 [derived, p.8] | 2,835,712 [derived, p.8] |
| purchased and professional services (Statement of activities) | 2,570,525 [derived, p.9] | 2,475,760 [derived, p.8] | 1,752,817 [derived, p.8] |
| occupancy (Statement of activities) | 213,698 [derived, p.9] | 224,970 [derived, p.8] | 210,116 [derived, p.8] |
| depreciation and amortization (Statement of activities) | 651,772 [derived, p.9] | 683,414 [derived, p.8] | 579,831 [derived, p.8] |
| interest (Statement of activities) | 194,017 [derived, p.9] | 205,971 [derived, p.8] | 213,466 [derived, p.8] |
| 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) | 25,156,318 [extracted, p.9] | 21,467,785 [extracted, p.8] | 18,775,847 [extracted, p.8] |
| OPERATING RESULT (Statement of activities) | 1,566,696 [extracted, p.9] | -748,785 [extracted, p.8] | 733,890 [extracted, p.8] |
| non-operating and other changes (Statement of activities) | 250,963 [derived, p.9] | 257,610 [derived, p.8] | 1,246,429 [derived, p.8] |
| CHANGE IN NET ASSETS (Statement of activities) | 1,817,659 [extracted, p.9] | -491,175 [extracted, p.8] | 1,980,319 [extracted, p.8] |
| net assets, beginning (Statement of activities) | 13,211,019 [extracted, p.9] | 13,702,194 [extracted, p.8] | 11,721,875 [extracted, p.8] |
| net assets, end (Statement of activities) | 15,028,678 [extracted, p.9] | 13,211,019 [extracted, p.8] | 13,702,194 [extracted, p.8] |

| Ratio | FY ending 2025-05-31 | FY ending 2024-05-31 | FY ending 2023-05-31 |
|---|---:|---:|---:|
| Days cash on hand | 55 days [plausible] | 6 days [plausible] | 16 days [plausible] |
| Current ratio | 6.03x [plausible] | 2.66x [plausible] | 2.38x [plausible] |
| Operating margin | 5.9% [plausible] | -3.6% [plausible] | 3.8% [plausible] |
| Total margin | 6.8% [plausible] | -2.4% [plausible] | 10.2% [plausible] |
| Patient revenue share | 86.8% [plausible] | 82.0% [plausible] | 76.4% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | 70.0% [plausible] | 71.5% [plausible] | 70.2% [plausible] |
| Days in patient receivables | 72 days [plausible] | 71 days [plausible] | 78 days [plausible] |
| Debt to net assets | 0.44x [plausible] | 0.53x [plausible] | 0.55x [plausible] |
| Health center award share | absent [not computed] | absent [not computed] | absent [not computed] |

## Sources

HRSA Uniform Data System (awardee level; organization match Probable). CMS HCRIS cost reports, form CMS-224-14, as filed (the Medicare cost-report appendix). Federal Audit Clearinghouse single audits as filed (North Olympic Healthcare Network; 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, "North Olympic Healthcare Network Pc", https://astrelis.co/providers/health_center/501872, 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.