HEALTH ACCESS FOR ALL INC
Mission Statement
ACHC is designed to provide cost-effective, accessible quality health care to low-income segments of the population for significantly less than its present cost. This includes preventative care as a major component or concept. ACHC will provide quality, primary health care services, accessible to all persons in our community including the medically underinsured and uninsured. The preventative care services may be defined as, but not limited to nutrition, exercise, lifestyle modifications, health education, prenatal and postpartum education, well-baby and infant care and disease. The theory is based upon the concept that a significant percentage of care needed for the population can be provided through inexpensive community related health care centers manned by mid-level providers and community preventative health workers. ACHC will also act as an advocate for the public in relation to obtaining quality specialty and hospital care.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.0% | 84.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.0% | 14.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.8 mo | 6.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
62.1% | 37.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
82.7% | 93.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
18.5% | 5.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
28.9% | 7.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.1% | 0.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $22.3M | $22.7M | $7.2M | 88.0% | 194 |
| 2022 | $18.8M | $17.6M | $7.7M | 88.8% | 141 |
| 2021 | $18.6M | $14.3M | N/A | — | 216 |
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