Notes to SEFA
Accounting Policies: The above schedule of expenditures of federal awards includes the federal grant activity of Glacier
Community Health Center, Inc. under the programs of the federal government for the year ended May 31,
2024. 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). Therefore, some amounts presented in this schedule
may differ from amounts presented in, or used in the preparation of, the basic financial statements. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are
recognized following the cost principles contained in OMB Circular A-122, Cost Principles for Non-profit
Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Glacier Community Health Center, Inc. has elected not to use the 10% de minimis indirect cost rate allowed
under the Uniform Guidance.