Audit 326956

FY End
2024-05-31
Total Expended
$2.23M
Findings
0
Programs
2
Year: 2024 Accepted: 2024-11-01
Auditor: Lbmc PC

Organization Exclusion Status:

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Findings

No findings recorded

Programs

Contacts

Name Title Type
DC56N687AD44 Gregory Ball Auditee
4232862273 Mark Waters Auditor
No contacts on file

Notes to SEFA

Title: Note A - Uniform Guidance Accounting Policies: Note B - Accounting Policies The accompanying schedule of expenditures of federal awards is prepared on the accrual basis of accounting. The expenditure threshold for classification as a Type A program is $750,000. The Organization has elected not to use the 10% de minimis indirect cost rate allowed under Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). There were no awards passed through to subrecipients. De Minimis Rate Used: N Rate Explanation: N/A The Schedule of Expenditures of Federal Awards ("SEFA") includes the federal award activity of Mountain Peoples Health Councils, Inc. under programs of the federal government for the year ended May 31, 2024. The information in the SEFA is presented in accordance with the requirements of the Uniform Guidance. Because the SEFA presents only a selected portion of the operations of Mountain Peoples Health Councils, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Mountain Peoples Health Councils, Inc.
Title: Note B - Accounting Policies Accounting Policies: Note B - Accounting Policies The accompanying schedule of expenditures of federal awards is prepared on the accrual basis of accounting. The expenditure threshold for classification as a Type A program is $750,000. The Organization has elected not to use the 10% de minimis indirect cost rate allowed under Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). There were no awards passed through to subrecipients. De Minimis Rate Used: N Rate Explanation: N/A The accompanying schedule of expenditures of federal awards is prepared on the accrual basis of accounting. The expenditure threshold for classification as a Type A program is $750,000. The Organization has elected not to use the 10% de minimis indirect cost rate allowed under Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). There were no awards passed through to subrecipients.
Title: Note C - Non-Cash Assistance Accounting Policies: Note B - Accounting Policies The accompanying schedule of expenditures of federal awards is prepared on the accrual basis of accounting. The expenditure threshold for classification as a Type A program is $750,000. The Organization has elected not to use the 10% de minimis indirect cost rate allowed under Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). There were no awards passed through to subrecipients. De Minimis Rate Used: N Rate Explanation: N/A The Organization did not receive or expend federal awards during fiscal year 2024 in the form of non-cash assistance.