# The Lakes Community Health Center, Inc.

Health Center, WI
Page: https://astrelis.co/providers/health_center/521834  
This twin: https://astrelis.co/providers/health_center/521834.md  
CMS Certification Number (CCN): 521834  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Operating margin (FY2025):** -56.5%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2025):** $42.8M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2025):** -22.9%. 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

### LAKES COMMUNITY HEALTH CENTER, INC THE, WI

Match to this profile: shared CCN: more than one filed organization claims this certification number (method: exact name and state, narrowed by address (FACLAND tier 1+3)).

- FY ending 2025-12-31 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-12-GSAFAC-0000419255
- FY ending 2024-12-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-12-GSAFAC-0000369852
- FY ending 2022-12-31 (audit year 2022): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2022-12-CENSUS-0000227950

| Line | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2022-12-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 7,384,693 [derived, p.5] | 9,144,324 [derived, p.5] | 11,139,780 [derived, p.5] |
| patient receivables, net (Statement of financial position) | 3,858,635 [derived, p.5] | 4,390,769 [derived, p.5] | 3,574,777 [derived, p.5] |
| grants and other receivables (Statement of financial position) | 528,351 [derived, p.5] | 543,286 [derived, p.5] | 739,366 [derived, p.5] |
| other current assets (Statement of financial position) | 1,124,042 [derived, p.5] | 1,167,587 [derived, p.5] | 580,353 [derived, p.5] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 12,895,721 [extracted, p.5] | 15,245,966 [extracted, p.5] | 16,034,276 [extracted, p.5] |
| property and equipment, net (Statement of financial position) | 33,393,710 [derived, p.5] | 31,828,768 [derived, p.5] | 20,970,947 [derived, p.5] |
| other long-term assets (Statement of financial position) | 1,321,553 [derived, p.5] | 1,745,361 [derived, p.5] | 724,871 [derived, p.5] |
| TOTAL ASSETS (Statement of financial position) | 47,610,984 [extracted, p.5] | 48,820,095 [extracted, p.5] | 37,730,094 [extracted, p.5] |
| payables and accrued expenses (Statement of financial position) | 4,440,787 [derived, p.5] | 5,087,144 [derived, p.5] | 2,609,709 [derived, p.5] |
| 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) | 933,936 [derived, p.5] | 1,330,096 [derived, p.5] | 976,267 [derived, p.5] |
| other current liabilities (Statement of financial position) | 18,992 [derived, p.5] | 2,635 [derived, p.5] | 7,918 [derived, p.5] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 5,393,715 [extracted, p.5] | 6,419,875 [extracted, p.5] | 3,593,894 [extracted, p.5] |
| long-term debt and leases (Statement of financial position) | 11,209,612 [derived, p.5] | 7,948,322 [derived, p.5] | 8,426,654 [derived, p.5] |
| other long-term liabilities (Statement of financial position) | 700 [derived, p.5] | 700 [derived, p.5] | 5,213 [derived, p.5] |
| 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) | 31,006,957 [derived, p.5] | 34,451,198 [derived, p.5] | 25,704,333 [derived, p.5] |
| 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) | 31,006,957 [extracted, p.5] | 34,451,198 [extracted, p.5] | 25,704,333 [extracted, p.5] |
| patient service revenue, net (Statement of activities) | 51,637,465 [derived, p.6] | 55,610,909 [derived, p.6] | 28,983,682 [derived, p.6] |
| pharmacy and 340B revenue (Statement of activities) | 4,700,316 [derived, p.6] | 3,643,514 [derived, p.6] | 2,896,785 [derived, p.6] |
| federal grants (Statement of activities) | 4,640,228 [derived, p.6] | 4,776,974 [derived, p.6] | 7,089,860 [derived, p.6] |
| other grants and contracts (Statement of activities) | 2,439,512 [derived, p.6] | 2,738,770 [derived, p.6] | 2,724,097 [derived, p.6] |
| 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) | 282,286 [derived, p.6] | 226,714 [derived, p.6] | 175,003 [derived, p.6] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 63,699,807 [extracted, p.6] | 66,996,881 [extracted, p.6] | 41,869,427 [extracted, p.6] |
| salaries and benefits (Statement of activities) | 50,362,145 [derived, p.6] | 44,412,509 [derived, p.6] | 30,233,867 [derived, p.6] |
| supplies and pharmaceuticals (Statement of activities) | 6,817,198 [derived, p.6] | 6,365,867 [derived, p.6] | 4,067,960 [derived, p.6] |
| purchased and professional services (Statement of activities) | 1,919,531 [derived, p.6] | 1,637,582 [derived, p.6] | 1,443,335 [derived, p.6] |
| occupancy (Statement of activities) | 5,384,969 [derived, p.6] | 4,479,218 [derived, p.6] | 2,994,515 [derived, p.6] |
| depreciation and amortization (Statement of activities) | 1,454,820 [derived, p.6] | 1,116,453 [derived, p.6] | 1,010,821 [derived, p.6] |
| interest (Statement of activities) | 1,745,108 [derived, p.6] | 439,038 [derived, p.6] | 346,977 [derived, p.6] |
| 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) | 67,683,771 [extracted, p.6] | 58,450,667 [extracted, p.6] | 40,097,475 [extracted, p.6] |
| OPERATING RESULT (Statement of activities) | -3,983,964 [extracted, p.6] | 8,546,214 [extracted, p.6] | 1,771,952 [extracted, p.6] |
| non-operating and other changes (Statement of activities) | 539,723 [derived, p.6] | 749,252 [derived, p.6] | 333,539 [derived] |
| CHANGE IN NET ASSETS (Statement of activities) | -3,444,241 [extracted, p.6] | 9,295,466 [extracted, p.6] | 2,105,491 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 34,451,198 [extracted, p.6] | 25,155,732 [extracted, p.6] | 23,598,842 [extracted, p.7] |
| net assets, end (Statement of activities) | 31,006,957 [extracted, p.6] | 34,451,198 [extracted, p.6] | 25,704,333 [extracted, p.7] |

| Ratio | FY ending 2025-12-31 | FY ending 2024-12-31 | FY ending 2022-12-31 |
|---|---:|---:|---:|
| Days cash on hand | 41 days [plausible] | 58 days [plausible] | 104 days [plausible] |
| Current ratio | 2.39x [plausible] | 2.37x [plausible] | 4.46x [plausible] |
| Operating margin | -6.3% [plausible] | 12.8% [plausible] | 4.2% [plausible] |
| Total margin | -5.4% [plausible] | 13.9% [plausible] | 5.0% [plausible] |
| Patient revenue share | 81.1% [plausible] | 83.0% [plausible] | 69.2% [plausible] |
| Grant dependency | 11.1% [plausible] | 11.2% [plausible] | 23.4% [plausible] |
| Salaries share | 74.4% [plausible] | 76.0% [plausible] | 75.4% [plausible] |
| Days in patient receivables | 27 days [plausible] | 29 days [plausible] | 45 days [plausible] |
| Debt to net assets | 0.39x [plausible] | 0.27x [plausible] | 0.37x [plausible] |
| Health center award share | absent [not computed] | absent [not computed] | absent [not computed] |

### THE LAKES COMMUNITY HEALTH CENTER, INC., WI

Match to this profile: shared CCN: more than one filed organization claims this certification number (method: exact name and state, narrowed by address (FACLAND tier 1+3)).

- FY ending 2023-12-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-12-GSAFAC-0000042451

| Line | FY ending 2023-12-31 |
|---|---:|
| cash and investments (current) (Statement of financial position) | 8,338,145 [derived, p.5] |
| patient receivables, net (Statement of financial position) | 4,433,304 [derived, p.5] |
| grants and other receivables (Statement of financial position) | 357,413 [derived, p.5] |
| other current assets (Statement of financial position) | 561,021 [derived, p.5] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 13,689,883 [extracted, p.5] |
| property and equipment, net (Statement of financial position) | 22,712,848 [derived, p.5] |
| other long-term assets (Statement of financial position) | 1,715,677 [derived, p.5] |
| TOTAL ASSETS (Statement of financial position) | 38,118,408 [extracted, p.5] |
| payables and accrued expenses (Statement of financial position) | 3,547,207 [derived, p.5] |
| deferred revenue (Statement of financial position) | absent (not printed, or not read) |
| current debt and leases (Statement of financial position) | 570,559 [derived, p.5] |
| other current liabilities (Statement of financial position) | 8,713 [derived, p.5] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 4,126,479 [extracted, p.5] |
| long-term debt and leases (Statement of financial position) | 8,835,497 [derived, p.5] |
| other long-term liabilities (Statement of financial position) | 700 [derived, p.5] |
| TOTAL LIABILITIES (Statement of financial position) | absent (not printed, or not read) |
| net assets without donor restrictions (Statement of financial position) | 25,155,732 [derived, p.5] |
| net assets with donor restrictions (Statement of financial position) | absent (not printed, or not read) |
| TOTAL NET ASSETS (Statement of financial position) | 25,155,732 [extracted, p.5] |
| patient service revenue, net (Statement of activities) | 34,241,434 [derived, p.6] |
| pharmacy and 340B revenue (Statement of activities) | 2,945,787 [derived, p.6] |
| federal grants (Statement of activities) | 5,562,704 [derived, p.6] |
| other grants and contracts (Statement of activities) | 2,372,708 [derived, p.6] |
| contributions (Statement of activities) | absent (not printed, or not read) |
| other revenue (Statement of activities) | 98,635 [derived, p.6] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 45,221,268 [extracted, p.6] |
| salaries and benefits (Statement of activities) | 34,659,254 [derived, p.6] |
| supplies and pharmaceuticals (Statement of activities) | 5,033,890 [derived, p.6] |
| purchased and professional services (Statement of activities) | 1,537,963 [derived, p.6] |
| occupancy (Statement of activities) | 3,740,376 [derived, p.6] |
| depreciation and amortization (Statement of activities) | 1,113,979 [derived, p.6] |
| interest (Statement of activities) | 432,578 [derived, p.6] |
| other expenses (Statement of activities) | absent (not printed, or not read) |
| TOTAL EXPENSES (Statement of activities) | 46,518,040 [extracted, p.6] |
| OPERATING RESULT (Statement of activities) | -1,296,772 [extracted, p.6] |
| non-operating and other changes (Statement of activities) | 748,171 [derived, p.6] |
| CHANGE IN NET ASSETS (Statement of activities) | -548,601 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 25,704,333 [extracted, p.7] |
| net assets, end (Statement of activities) | 25,155,732 [extracted, p.7] |

| Ratio | FY ending 2023-12-31 |
|---|---:|
| Days cash on hand | 67 days [plausible] |
| Current ratio | 3.32x [plausible] |
| Operating margin | -2.9% [plausible] |
| Total margin | -1.2% [plausible] |
| Patient revenue share | 75.7% [plausible] |
| Grant dependency | 17.5% [plausible] |
| Salaries share | 74.5% [plausible] |
| Days in patient receivables | 47 days [plausible] |
| Debt to net assets | 0.37x [plausible] |
| Health center award share | 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 (LAKES COMMUNITY HEALTH CENTER, INC THE; THE LAKES COMMUNITY 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, "The Lakes Community Health Center, Inc.", https://astrelis.co/providers/health_center/521834, 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.