# Venice Family Clinic

Health Center, CA
Page: https://astrelis.co/providers/health_center/751801  
This twin: https://astrelis.co/providers/health_center/751801.md  
CMS Certification Number (CCN): 751801  
Release: 2321a4fc37a7 (2026-10-22)

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

- **Operating margin (FY2025):** -153.5%. 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):** -5.7%. 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

### VENICE FAMILY CLINIC, CA

Match to this profile: matched by name (method: exact name and state, narrowed by address (FACLAND tier 1+3)).

- FY ending 2025-06-30 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-06-GSAFAC-0000393706
- FY ending 2024-06-30 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-06-GSAFAC-0000345778
- FY ending 2023-06-30 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-06-GSAFAC-0000011759

| Line | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 19,342,917 [derived, p.6] | 24,669,646 [derived, p.6] | 30,203,107 [derived, p.6] |
| patient receivables, net (Statement of financial position) | 9,268,696 [derived, p.6] | 6,496,087 [derived, p.6] | 7,394,586 [derived, p.6] |
| grants and other receivables (Statement of financial position) | 11,900,702 [derived, p.6] | 12,659,591 [derived, p.6] | 10,691,809 [derived, p.6] |
| other current assets (Statement of financial position) | 1,035,190 [derived, p.6] | 1,192,132 [derived, p.6] | 1,141,207 [derived, p.6] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 41,547,505 [extracted, p.6] | 45,017,456 [extracted, p.6] | 49,430,709 [extracted, p.6] |
| property and equipment, net (Statement of financial position) | 38,293,909 [derived, p.6] | 31,769,029 [derived, p.6] | 30,252,117 [derived, p.6] |
| other long-term assets (Statement of financial position) | 32,086,762 [derived, p.6] | 35,101,919 [derived, p.6] | 23,946,386 [derived, p.6] |
| TOTAL ASSETS (Statement of financial position) | 111,928,176 [extracted, p.6] | 111,888,404 [extracted, p.6] | 103,629,212 [extracted, p.6] |
| payables and accrued expenses (Statement of financial position) | 3,045,594 [derived, p.6] | 1,929,971 [derived, p.6] | 3,653,999 [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) | 2,102,232 [derived, p.6] | 1,963,942 [derived, p.6] | 1,920,852 [derived, p.6] |
| other current liabilities (Statement of financial position) | 3,178,312 [derived, p.6] | 3,151,045 [derived, p.6] | 3,750,923 [derived, p.6] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 8,326,138 [extracted, p.6] | 7,044,958 [extracted, p.6] | 9,325,774 [extracted, p.6] |
| long-term debt and leases (Statement of financial position) | 14,647,740 [derived, p.6] | 14,977,136 [derived, p.6] | 18,877,747 [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) | 22,973,878 [extracted, p.6] | 22,022,094 [extracted, p.6] | 28,203,521 [extracted, p.6] |
| net assets without donor restrictions (Statement of financial position) | 57,946,262 [derived, p.6] | 58,349,486 [derived, p.6] | 51,182,615 [derived, p.6] |
| net assets with donor restrictions (Statement of financial position) | 31,008,036 [derived, p.6] | 31,516,824 [derived, p.6] | 24,243,076 [derived, p.6] |
| TOTAL NET ASSETS (Statement of financial position) | 88,954,298 [extracted, p.6] | 89,866,310 [extracted, p.6] | 75,425,691 [extracted, p.6] |
| patient service revenue, net (Statement of activities) | 63,520,329 [derived, p.7] | 54,322,293 [derived, p.7] | 48,148,640 [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) | 29,987,280 [derived, p.7] | 40,945,383 [derived, p.7] | 37,880,128 [derived, p.7] |
| contributions (Statement of activities) | 6,465,413 [derived, p.7] | 10,288,617 [derived, p.7] | 6,369,767 [derived, p.7] |
| other revenue (Statement of activities) | 2,796,738 [derived, p.7] | 2,498,472 [derived, p.7] | 1,580,181 [derived, p.7] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 102,769,760 [extracted, p.7] | 108,054,765 [extracted, p.7] | 93,978,716 [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) | 109,461,243 [derived, p.7] | 102,360,439 [derived, p.7] | 88,230,506 [derived, p.7] |
| TOTAL EXPENSES (Statement of activities) | 109,461,243 [extracted, p.7] | 102,360,439 [extracted, p.7] | 88,230,506 [extracted, p.7] |
| OPERATING RESULT (Statement of activities) | -6,691,483 [extracted, p.7] | 5,694,326 [extracted, p.7] | 5,748,210 [extracted, p.7] |
| non-operating and other changes (Statement of activities) | 5,779,471 [derived, p.7] | 8,746,293 [derived, p.7] | 5,938,981 [derived, p.7] |
| CHANGE IN NET ASSETS (Statement of activities) | -912,012 [extracted, p.7] | 14,440,619 [extracted, p.7] | 11,687,191 [extracted, p.7] |
| net assets, beginning (Statement of activities) | 89,866,310 [extracted, p.7] | 75,425,691 [extracted, p.7] | 63,738,500 [extracted, p.7] |
| net assets, end (Statement of activities) | 88,954,298 [extracted, p.7] | 89,866,310 [extracted, p.7] | 75,425,691 [extracted, p.7] |

| Ratio | FY ending 2025-06-30 | FY ending 2024-06-30 | FY ending 2023-06-30 |
|---|---:|---:|---:|
| Days cash on hand | absent [not computed] | absent [not computed] | absent [not computed] |
| Current ratio | 4.99x [plausible] | 6.39x [plausible] | 5.30x [plausible] |
| Operating margin | -6.5% [plausible] | 5.3% [plausible] | 6.1% [plausible] |
| Total margin | -0.9% [plausible] | 13.4% [plausible] | 12.4% [plausible] |
| Patient revenue share | 61.8% [plausible] | 50.3% [plausible] | 51.2% [plausible] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | absent [not computed] | absent [not computed] | absent [not computed] |
| Days in patient receivables | 53 days [plausible] | 44 days [plausible] | 56 days [plausible] |
| Debt to net assets | 0.19x [plausible] | 0.19x [plausible] | 0.28x [plausible] |
| Health center award share | absent [not computed] | absent [not computed] | absent [not computed] |

## Sources

Organization not established: no HRSA Uniform Data System organization is attached to this site, so no organization figure is read. CMS HCRIS cost reports, form CMS-224-14, as filed (the Medicare cost-report appendix). Federal Audit Clearinghouse single audits as filed (VENICE FAMILY CLINIC; 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, "Venice Family Clinic", https://astrelis.co/providers/health_center/751801, 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.