# Progressive Community Health Centers, Inc.

Health Center, WI
Page: https://astrelis.co/providers/health_center/521858  
This twin: https://astrelis.co/providers/health_center/521858.md  
CMS Certification Number (CCN): 521858  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Operating margin (FY2020):** -33.4%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2020):** $8.2M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2020):** +23.0%. 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

### PROGRESSIVE COMMUNITY HEALTH CENTERS, INC., WI

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

- FY ending 2025-03-31 (audit year 2025): balance sheet foots only; audit as filed https://app.fac.gov/dissemination/summary/2025-03-GSAFAC-0000370530
- FY ending 2024-03-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-03-GSAFAC-0000050086
- FY ending 2023-03-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-03-GSAFAC-0000009816

| Line | FY ending 2025-03-31 | FY ending 2024-03-31 | FY ending 2023-03-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 14,986,038 [derived, p.6] | 12,391,592 [derived, p.6] | 10,876,400 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 2,180,079 [derived, p.6] | 6,537,359 [derived, p.6] | 2,002,944 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 750,307 [derived, p.6] | 1,722,204 [derived, p.6] | 667,846 [derived, p.6] |
| other current assets (Statement of financial position) | 248,426 [derived, p.6] | 277,098 [derived, p.6] | 97,235 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 18,164,850 [extracted, p.6] | 20,928,253 [extracted, p.6] | 13,644,425 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 9,131,319 [derived, p.6] | 9,516,622 [derived, p.6] | 9,896,987 [derived, p.6] |
| other long-term assets (Statement of financial position) | 410,180 [derived, p.6] | 269,098 [derived, p.6] | 491,944 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 27,706,349 [extracted, p.6] | 30,713,973 [extracted, p.6] | 24,033,356 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 1,547,016 [derived, p.7] | 1,762,400 [derived, p.6] | 1,277,303 [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) | 29,192 [derived, p.7] | 27,430 [derived, p.6] | 25,749 [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) | 1,576,208 [extracted, p.7] | 1,789,830 [extracted, p.6] | 1,303,052 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 217,136 [derived, p.7] | 246,328 [derived, p.6] | 273,757 [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) | 1,793,344 [extracted, p.7] | 2,036,158 [extracted, p.6] | 1,576,809 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 25,303,190 [derived, p.7] | 28,335,351 [derived, p.6] | 21,950,266 [derived, p.6] |
| net assets with donor restrictions (Statement of financial position) | 609,815 [derived, p.7] | 342,464 [derived, p.6] | 506,281 [derived, p.6] |
| TOTAL NET ASSETS (Statement of financial position) | 25,913,005 [extracted, p.7] | 28,677,815 [extracted, p.6] | 22,456,547 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 12,220,764 [derived, p.8] | 12,549,765 [derived, p.7] | 11,904,217 [derived, p.7] |
| 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) | 4,075,995 [derived, p.8] | 6,281,722 [derived, p.7] | 6,162,666 [derived, p.7] |
| contributions (Statement of activities) | 348,794 [derived, p.8] | 64,624 [derived, p.7] | 318,229 [derived, p.7] |
| other revenue (Statement of activities) | 234,408 [derived, p.8] | 451,927 [derived, p.7] | 80,949 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 16,879,961 [extracted, p.8] | 19,348,038 [extracted, p.7] | 18,466,061 [extracted, p.7] |
| salaries and benefits (Statement of activities) | 14,431,083 [derived, p.8] | 12,801,371 [derived, p.7] | absent (not printed, or not read) |
| supplies and pharmaceuticals (Statement of activities) | 3,134,241 [derived, p.8] | 3,063,133 [derived, p.7] | absent (not printed, or not read) |
| purchased and professional services (Statement of activities) | 1,867,645 [derived, p.8] | 2,168,893 [derived, p.7] | absent (not printed, or not read) |
| occupancy (Statement of activities) | 83,521 [derived, p.8] | 80,735 [derived, p.7] | absent (not printed, or not read) |
| depreciation and amortization (Statement of activities) | 514,754 [derived, p.8] | 501,896 [derived, p.7] | 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) | 20,031,244 [extracted, p.8] | 18,616,028 [extracted, p.7] | 17,016,118 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | -3,151,283 [extracted, p.8] | 732,010 [extracted, p.7] | 1,449,943 [extracted, p.7] |
| non-operating and other changes (Statement of activities) | 119,122 [derived, p.8] | -436,091 [derived] | absent (not printed, or not read) |
| CHANGE IN NET ASSETS (Statement of activities) | -3,032,161 [extracted, p.8] | 295,919 [extracted, p.8] | 1,449,943 [extracted, p.7] |
| net assets, beginning (Statement of activities) | absent (not printed, or not read) | 28,381,896 [extracted, p.8] | 21,006,604 [extracted, p.7] |
| net assets, end (Statement of activities) | absent (not printed, or not read) | 28,677,815 [extracted, p.8] | 22,456,547 [extracted, p.7] |

| Ratio | FY ending 2025-03-31 | FY ending 2024-03-31 | FY ending 2023-03-31 |
|---|---:|---:|---:|
| Days cash on hand | 280 days [plausible] | 250 days [plausible] | absent [not computed] |
| Current ratio | 11.52x [plausible] | 11.69x [plausible] | 10.47x [plausible] |
| Operating margin | -18.7% [plausible] | 3.8% [plausible] | 7.9% [plausible] |
| Total margin | -18.0% [plausible] | 1.5% [plausible] | 7.9% [plausible] |
| Patient revenue share | 72.4% [plausible] | 64.9% [plausible] | 64.5% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | 72.0% [plausible] | 68.8% [plausible] | absent [not computed] |
| Days in patient receivables | 65 days [plausible] | 191 days [plausible] | 61 days [plausible] |
| Debt to net assets | 0.01x [plausible] | 0.01x [plausible] | 0.01x [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 (PROGRESSIVE COMMUNITY HEALTH CENTERS, INC.; 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, "Progressive Community Health Centers, Inc.", https://astrelis.co/providers/health_center/521858, 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.