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I understand nonprofit health organizations do not typically make much of a profit. However, if the organization has a significant amount of assets vs liabilities,

I understand nonprofit health organizations do not typically make much of a profit. However, if the organization has a significant amount of assets vs liabilities, does that mean they are not properly allocating their capital? Are they in good financial standing?

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STATEMENT OF FINANCIAL POSITION Assets Cash $9,679,016 Accounts Receivable $10,441,947 Property and Equipment $57,610,819 Other Assets $21,908,089 Total Assets $99,639,871 Liabilities and Net Assets Current Liabilities $10,201,222 Long-Term Liabilities $34,078,006 Net Assets-Unrestricted $55,360,643 Total Liabilities and Net Assets $ 99,639,871STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS Revenue Grant and Contract Revenue $43,789,211 Patient Service Revenue $48,561,962 Contributions/Donations $1,032,619 Other Income $8,408,489 Total Revenue $101,792,281 Expenses Salaries & Benefits $71,601,988 Professional Fees $ 7,033,208 Occupancy Costs $4,563,317 Supplies & Equipment $11,236,292 Other Operating Costs $7,050,435 Total Expenses $101,485,240 Change in Net Assets from Operations $307,041 Capital Related Revenues & Expenses $24,747 Total Change in Net Assets $331,788

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