Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of ECC under programs of the federal government for the year ended December 31, 2023. Expenditures reported on the schedule are reported on the accrual basis of accounting. ECC did not elect to utilize the ten percent de minimis indirect cost rate allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: N/A
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). Since the schedule presents only a select portion of the operations of Escambia Community Clinics, Inc. (ECC), it is not intended to and does not present the financial position, changes in net assets or cash flows of ECC.
Title: PROGRAM CLUSTERS
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of ECC under programs of the federal government for the year ended December 31, 2023. Expenditures reported on the schedule are reported on the accrual basis of accounting. ECC did not elect to utilize the ten percent de minimis indirect cost rate allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: N/A
The U.S. Office of Management and Budget Compliance Supplement defines a cluster of programs as a grouping of closely related programs that share common compliance requirements. There was one program that met this criterion for the current fiscal year, Assistance Listing Number 93.224/93.527 – Health Center Program Cluster.
Title: CONTINGENCY
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of ECC under programs of the federal government for the year ended December 31, 2023. Expenditures reported on the schedule are reported on the accrual basis of accounting. ECC did not elect to utilize the ten percent de minimis indirect cost rate allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: N/A
The grant revenue accounts are subject to audit and adjustment. If any expenditures or expenses are disallowed by the grantor agencies as a result of such audit, any claim for reimbursement to the grant agencies would become a liability of ECC. In the opinion of management, all grant expenditures are in compliance with the terms of the grant agreements and applicable federal laws and regulations.