Title: Note 1 - Reporting Entity
Accounting Policies: Basis of Accounting
For purposes of the Schedule of Expenditures of Federal Awards (the “Schedule”), expenditures for federal programs are recognized on the accrual basis of accounting. Expenditures are determined using the cost accounting principles and procedures set, as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”). Therefore, some amounts presented in the Schedule may differ from amounts presented in or used in the presentation of the Center’s financial statements.
Schedule of Expenditures of Federal Awards
The accompanying Schedule presents the activity of all federal financial assistance programs of the Center. Federal financial assistance received directly from federal agencies is included in the Schedule. The Schedule was prepared from only the accounts of various grant programs and, therefore, does not present the financial position, change in fund balance, or results of operations of the Center.
Indirect Cost Rate
The Center did not elect to use the 10-percent de minimis indirect cost rate per 2 CFR 200.510(b)(6).
De Minimis Rate Used: N
Rate Explanation: The Center did not elect to use the 10-percent de minimis indirect cost rate per 2 CFR 200.510(b)(6).
Anderson Valley Health Center, Inc. (the “Center”), a California not-for-profit organization, was incorporated in 1977 for the purpose of rendering professional medical and health services to the rural area of Anderson Valley. Anderson Valley is located in southern Mendocino County, California.
Title: Note 2 - Summary of Significant Accounting Policies
Accounting Policies: Basis of Accounting
For purposes of the Schedule of Expenditures of Federal Awards (the “Schedule”), expenditures for federal programs are recognized on the accrual basis of accounting. Expenditures are determined using the cost accounting principles and procedures set, as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”). Therefore, some amounts presented in the Schedule may differ from amounts presented in or used in the presentation of the Center’s financial statements.
Schedule of Expenditures of Federal Awards
The accompanying Schedule presents the activity of all federal financial assistance programs of the Center. Federal financial assistance received directly from federal agencies is included in the Schedule. The Schedule was prepared from only the accounts of various grant programs and, therefore, does not present the financial position, change in fund balance, or results of operations of the Center.
Indirect Cost Rate
The Center did not elect to use the 10-percent de minimis indirect cost rate per 2 CFR 200.510(b)(6).
De Minimis Rate Used: N
Rate Explanation: The Center did not elect to use the 10-percent de minimis indirect cost rate per 2 CFR 200.510(b)(6).
Basis of Accounting
For purposes of the Schedule of Expenditures of Federal Awards (the “Schedule”), expenditures for federal programs are recognized on the accrual basis of accounting. Expenditures are determined using the cost accounting principles and procedures set, as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”). Therefore, some amounts presented in the Schedule may differ from amounts presented in or used in the presentation of the Center’s financial statements.
Schedule of Expenditures of Federal Awards
The accompanying Schedule presents the activity of all federal financial assistance programs of the Center. Federal financial assistance received directly from federal agencies is included in the Schedule. The Schedule was prepared from only the accounts of various grant programs and, therefore, does not present the financial position, change in fund balance, or results of operations of the Center.
Indirect Cost Rate
The Center did not elect to use the 10-percent de minimis indirect cost rate per 2 CFR 200.510(b)(6).
Title: Note 3 - Subrecipients
Accounting Policies: Basis of Accounting
For purposes of the Schedule of Expenditures of Federal Awards (the “Schedule”), expenditures for federal programs are recognized on the accrual basis of accounting. Expenditures are determined using the cost accounting principles and procedures set, as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”). Therefore, some amounts presented in the Schedule may differ from amounts presented in or used in the presentation of the Center’s financial statements.
Schedule of Expenditures of Federal Awards
The accompanying Schedule presents the activity of all federal financial assistance programs of the Center. Federal financial assistance received directly from federal agencies is included in the Schedule. The Schedule was prepared from only the accounts of various grant programs and, therefore, does not present the financial position, change in fund balance, or results of operations of the Center.
Indirect Cost Rate
The Center did not elect to use the 10-percent de minimis indirect cost rate per 2 CFR 200.510(b)(6).
De Minimis Rate Used: N
Rate Explanation: The Center did not elect to use the 10-percent de minimis indirect cost rate per 2 CFR 200.510(b)(6).
During the year ended June 30, 2023, the Center did not provide federal funds to subrecipients.