# Sea Mar Community Health Centers

Health Center, WA
Page: https://astrelis.co/providers/health_center/941082  
This twin: https://astrelis.co/providers/health_center/941082.md  
CMS Certification Number (CCN): 941082  
Release: 2321a4fc37a7 (2026-10-22)

## Headline figures (fiscal years on file: 2021 to 2021)

Filings that are not a full fiscal year: FY2021 covers 163 days. These years sit in no comparison pool.

- **Total patients (UDS) (FY2024):** 219,800. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Operating margin (FY2021):** -83.2%. Astrelis calculation. Definition: https://astrelis.co/methodology#health-center
- **Service sites (FY2024):** 83. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Uninsured patient share (FY2024):** 14.9%. Illustrative estimate. Definition: https://astrelis.co/methodology#health-center
- **Total operating revenue (FY2021):** $0.7M. Reported value. Definition: https://astrelis.co/methodology#health-center
- **Total margin (including nonoperating) (FY2021):** +3.9%. 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

### Sea Mar Community Health Center and Subsidiaries, WA

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

- FY ending 2025-03-31 (audit year 2025): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2025-03-GSAFAC-0000392801
- FY ending 2024-03-31 (audit year 2024): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2024-03-GSAFAC-0000345437
- FY ending 2023-03-31 (audit year 2023): ties in full; audit as filed https://app.fac.gov/dissemination/summary/2023-03-GSAFAC-0000003674

| Line | FY ending 2025-03-31 | FY ending 2024-03-31 | FY ending 2023-03-31 |
|---|---:|---:|---:|
| cash and investments (current) (Statement of financial position) | 192,075,645 [derived, p.7] | 117,123,051 [derived, p.7] | 124,748,566 [derived, p.7] |
| patient receivables, net (Statement of financial position) | 22,067,476 [derived, p.7] | 19,984,809 [derived, p.7] | 3,315,525 [derived, p.7] |
| grants and other receivables (Statement of financial position) | 18,225,337 [derived, p.7] | 23,746,877 [derived, p.7] | 31,585,189 [derived, p.7] |
| other current assets (Statement of financial position) | 10,962,411 [derived, p.7] | 11,181,666 [derived, p.7] | 4,805,241 [derived, p.7] |
| TOTAL CURRENT ASSETS (Statement of financial position) | 243,330,869 [extracted, p.7] | 172,036,403 [extracted, p.7] | 164,454,521 [extracted, p.7] |
| property and equipment, net (Statement of financial position) | 249,951,952 [derived, p.7] | 305,415,598 [derived, p.7] | 269,066,159 [derived, p.7] |
| other long-term assets (Statement of financial position) | absent (not printed, or not read) | absent (not printed, or not read) | absent (not printed, or not read) |
| TOTAL ASSETS (Statement of financial position) | 493,282,821 [extracted, p.7] | 477,452,001 [extracted, p.7] | 437,628,409 [extracted, p.7] |
| payables and accrued expenses (Statement of financial position) | 35,478,347 [derived, p.7] | 37,634,855 [derived, p.7] | 29,593,671 [derived, p.7] |
| deferred revenue (Statement of financial position) | 796,256 [derived, p.7] | 722,125 [derived, p.7] | 835,139 [derived, p.7] |
| current debt and leases (Statement of financial position) | 5,672,799 [derived, p.7] | 5,110,216 [derived, p.7] | 5,447,239 [derived, p.7] |
| other current liabilities (Statement of financial position) | 15,232,737 [derived, p.7] | 168,635 [derived, p.7] | 169,719 [derived, p.7] |
| TOTAL CURRENT LIABILITIES (Statement of financial position) | 57,180,139 [extracted, p.7] | 43,635,831 [extracted, p.7] | 36,045,768 [extracted, p.7] |
| long-term debt and leases (Statement of financial position) | 150,849,518 [derived, p.7] | 161,082,197 [derived, p.7] | 165,740,923 [derived, p.7] |
| 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) | 208,029,657 [extracted, p.7] | 204,718,028 [extracted, p.7] | 201,786,691 [extracted, p.7] |
| net assets without donor restrictions (Statement of financial position) | 285,253,164 [derived, p.7] | 272,733,973 [derived, p.7] | 235,841,718 [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) | 285,253,164 [extracted, p.7] | 272,733,973 [extracted, p.7] | 235,841,718 [extracted, p.7] |
| patient service revenue, net (Statement of activities) | 402,359,343 [derived, p.8] | 399,266,614 [derived, p.8] | 387,431,112 [derived, p.8] |
| pharmacy and 340B revenue (Statement of activities) | 49,730,834 [derived, p.8] | 50,879,278 [derived, p.8] | 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) | 51,995,273 [derived, p.8] | 54,157,788 [derived, p.8] | 67,100,671 [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) | -111,002,798 [derived, p.8] | -114,416,633 [derived, p.8] | -106,737,054 [derived, p.8] |
| TOTAL REVENUE AND SUPPORT (Statement of activities) | 393,082,652 [extracted, p.8] | 389,887,047 [extracted, p.8] | 347,794,729 [extracted, p.8] |
| salaries and benefits (Statement of activities) | 243,631,912 [derived, p.8] | 234,105,895 [derived, p.8] | 218,924,529 [derived, p.8] |
| supplies and pharmaceuticals (Statement of activities) | 69,689,942 [derived, p.8] | 59,525,228 [derived, p.8] | 37,512,217 [derived, p.8] |
| purchased and professional services (Statement of activities) | 16,838,914 [derived, p.8] | 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) | 12,311,074 [derived, p.8] | 12,541,478 [derived, p.8] | 11,694,164 [derived, p.8] |
| interest (Statement of activities) | 3,938,134 [derived, p.8] | 3,908,388 [derived, p.8] | 4,081,294 [derived, p.8] |
| other expenses (Statement of activities) | 34,586,109 [derived, p.8] | 43,313,803 [derived, p.8] | 37,620,175 [derived, p.8] |
| TOTAL EXPENSES (Statement of activities) | 380,996,085 [extracted, p.8] | 353,394,792 [extracted, p.8] | 309,832,379 [extracted, p.8] |
| OPERATING RESULT (Statement of activities) | 12,086,567 [extracted, p.8] | 36,492,255 [extracted, p.8] | 37,962,350 [extracted, p.8] |
| non-operating and other changes (Statement of activities) | 432,624 [derived, p.8] | 400,000 [derived, p.8] | 936,656 [derived, p.8] |
| CHANGE IN NET ASSETS (Statement of activities) | 12,519,191 [extracted, p.8] | 36,892,255 [extracted, p.8] | 38,899,006 [extracted, p.8] |
| net assets, beginning (Statement of activities) | 272,733,973 [extracted, p.8] | 235,841,718 [extracted, p.8] | 196,942,712 [extracted, p.8] |
| net assets, end (Statement of activities) | 285,253,164 [extracted, p.8] | 272,733,973 [extracted, p.8] | 235,841,718 [extracted, p.8] |

| Ratio | FY ending 2025-03-31 | FY ending 2024-03-31 | FY ending 2023-03-31 |
|---|---:|---:|---:|
| Days cash on hand | 190 days [plausible] | 126 days [plausible] | 153 days [plausible] |
| Current ratio | 4.26x [plausible] | 3.94x [plausible] | 4.56x [plausible] |
| Operating margin | 3.1% [plausible] | 9.4% [plausible] | 10.9% [plausible] |
| Total margin | 3.2% [plausible] | 9.5% [plausible] | 11.2% [plausible] |
| Patient revenue share | 102.4% [out of range] | 102.4% [out of range] | 111.4% [out of range] |
| Grant dependency | absent [not computed] | absent [not computed] | absent [not computed] |
| Salaries share | 63.9% [plausible] | 66.2% [plausible] | 70.7% [plausible] |
| Days in patient receivables | 20 days [plausible] | 18 days [plausible] | 3 days [plausible] |
| Debt to net assets | 0.55x [plausible] | 0.61x [plausible] | 0.73x [plausible] |
| 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 (Sea Mar Community Health Center and Subsidiaries; 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, "Sea Mar Community Health Centers", https://astrelis.co/providers/health_center/941082, 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.