Notes to SEFA
Title: NOTE 1 - BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures
are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presented in
this schedule may differ from amounts presented in, or used in the preparation of, the financial
statements.
De Minimis Rate Used: N
Rate Explanation: The Center has elected not to use the 10 percent de minimis indirect cost rate as covered in 2 CFR
§200.414.
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of
United Community Health Center - Maria Auxiliadora, Inc. The information in this schedule is
presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part
200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal
Awards (Uniform Guidance).
Title: NOTE 3 - FEDERAL ASSISTANCE LISTING NUMBER
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures
are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presented in
this schedule may differ from amounts presented in, or used in the preparation of, the financial
statements.
De Minimis Rate Used: N
Rate Explanation: The Center has elected not to use the 10 percent de minimis indirect cost rate as covered in 2 CFR
§200.414.
The program titles and Federal Assistance Listings numbers were obtained from the federal or passthrough
grantor or the 2022 Federal Assistance Listings. When no Federal Assistance Listings number
has been assigned to a program, the two digit federal agency identifier and the federal contract number
were used. When there was no federal contract number, the 2-digit federal agency identifier and the word
"unknown” were used.
Title: NOTE 5 - LOANS
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures
are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presented in
this schedule may differ from amounts presented in, or used in the preparation of, the financial
statements.
De Minimis Rate Used: N
Rate Explanation: The Center has elected not to use the 10 percent de minimis indirect cost rate as covered in 2 CFR
§200.414.
The Department of Agriculture has guaranteed a loan for the Center. The original amount of the loan
was $4,335,000, payable in fixed monthly installments of $22,530 for a period of 30 years at 3.99%
interest. The outstanding balance on the loan was $3,376,626 at January 31, 2023. It has been
determined that there are no special provisions or requirements other than to pay back the loan in a
timely fashion, so the outstanding balance has not been included in the Schedule of Expenditures of
Federal Awards for the year ended January 31, 2023.