Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on the schedule are reported in 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 limted as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The center elected not use the de minimis cost rate as allowed under the Uniform Guidance
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of The Family Health Centers of Georgia, Inc. (the "Center") under programs of the federal government for the year ended May 31, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards ("Uniform Guidance"). Because the Schedule presents only a selected portion of the operations of the Center, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Center.
Title: COVID-19 - HRSA COVID-19 & COVID-19 Coverage Assistance Fund
Accounting Policies: Expenditures reported on the schedule are reported in 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 limted as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The center elected not use the de minimis cost rate as allowed under the Uniform Guidance
For the HHS awards related to the HRSA COVID-19 Claims Reimbursement for the Uninsured Program and the COVID-19 Coverage Assistance Fund program (the Uninsured/CAF Program), the amounts on the Schedule relate to the amount of revenue recognized in the financial statements during the year ended May 31, 2023.