Notes to SEFA
Accounting Policies: 1. The accompanying schedule of expenditures of federal awards (Schedule) includes the federal
award activity of Konza Prairie Community Health Center, Inc. (Organization) under programs
of the federal government for the year ended December 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 Organization, it is not
intended to and does not present the financial position, change in net assets, or cash flows of
the Organization.
2. Expenditures reported on the Schedule are reported on the accrual basis of accounting which
is consistent with the preparation of the Organization’s financial statements. 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.
3. The Organization did not have any non-cash awards during the fiscal year.
4. There were no awards passed through to sub-recipients.
5. The Organization has elected to use the 10% de minimis indirect cost rate under the Uniform Guidance when applicable.
6. Federal expenditures under loan payments include any new loans made during the year and loans outstanding at the beginning
of the year for which there are continuing compliance requirements. There were no new loans for the year ended December 31, 2023.
The balance of the loan outstanding as of December 31, 2023 is $613,385.
De Minimis Rate Used: Y
Rate Explanation: The Organization has elected to use the 10% de minimis indirect cost rate under the Uniform Guidance when applicable.