Title: General
Accounting Policies: 1. General - The accompanying schedule of expenditures of federal awards (Schedule) presents the activity of all federal award programs of North Side Christian Health Center for the year ended June 30, 2024. 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 North Side Christian Health Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Center.
2. Basis of Accounting - The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting which is described in Note 2 to the financial statements.
3. Administrative Expenses and Cost Allocation Plan - North Side Christian Health Center has not elected to use the 10 percent de minimis indirect cost rate. The Center's Administrative Cost Allocation Plan is being followed and administrative expenses are being distributed in a fair and equitable manner.
4. Relationship to Financial Statements - Federal financial award revenues are included in the financial statements in the line item "Federal HRSA grant," apart from the Community Development Block Grant of $90,221, which was recorded in the financial statements in the line item "Other grants and contributions."
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. The Center's Administrative Cost Allocation Plan is being followed and administrative expenses are being distributed in a fair and equitable manner.
The accompanying schedule of expenditures of federal awards (Schedule) presents the activity of all federal award programs of North Side Christian Health Center for the year ended June 30, 2024. 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 North Side Christian Health Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Center.
Title: Basis of Accounting
Accounting Policies: 1. General - The accompanying schedule of expenditures of federal awards (Schedule) presents the activity of all federal award programs of North Side Christian Health Center for the year ended June 30, 2024. 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 North Side Christian Health Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Center.
2. Basis of Accounting - The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting which is described in Note 2 to the financial statements.
3. Administrative Expenses and Cost Allocation Plan - North Side Christian Health Center has not elected to use the 10 percent de minimis indirect cost rate. The Center's Administrative Cost Allocation Plan is being followed and administrative expenses are being distributed in a fair and equitable manner.
4. Relationship to Financial Statements - Federal financial award revenues are included in the financial statements in the line item "Federal HRSA grant," apart from the Community Development Block Grant of $90,221, which was recorded in the financial statements in the line item "Other grants and contributions."
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. The Center's Administrative Cost Allocation Plan is being followed and administrative expenses are being distributed in a fair and equitable manner.
The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting which is described in Note 2 to the financial statements.
Title: Administrative Expenses and Cost Allocation Plan
Accounting Policies: 1. General - The accompanying schedule of expenditures of federal awards (Schedule) presents the activity of all federal award programs of North Side Christian Health Center for the year ended June 30, 2024. 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 North Side Christian Health Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Center.
2. Basis of Accounting - The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting which is described in Note 2 to the financial statements.
3. Administrative Expenses and Cost Allocation Plan - North Side Christian Health Center has not elected to use the 10 percent de minimis indirect cost rate. The Center's Administrative Cost Allocation Plan is being followed and administrative expenses are being distributed in a fair and equitable manner.
4. Relationship to Financial Statements - Federal financial award revenues are included in the financial statements in the line item "Federal HRSA grant," apart from the Community Development Block Grant of $90,221, which was recorded in the financial statements in the line item "Other grants and contributions."
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. The Center's Administrative Cost Allocation Plan is being followed and administrative expenses are being distributed in a fair and equitable manner.
North Side Christian Health Center has not elected to use the 10 percent de minimis indirect cost rate. The Center's Administrative Cost Allocation Plan is being followed and administrative expenses are being distributed in a fair and equitable manner.
Title: Relationship to Financial Statements
Accounting Policies: 1. General - The accompanying schedule of expenditures of federal awards (Schedule) presents the activity of all federal award programs of North Side Christian Health Center for the year ended June 30, 2024. 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 North Side Christian Health Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Center.
2. Basis of Accounting - The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting which is described in Note 2 to the financial statements.
3. Administrative Expenses and Cost Allocation Plan - North Side Christian Health Center has not elected to use the 10 percent de minimis indirect cost rate. The Center's Administrative Cost Allocation Plan is being followed and administrative expenses are being distributed in a fair and equitable manner.
4. Relationship to Financial Statements - Federal financial award revenues are included in the financial statements in the line item "Federal HRSA grant," apart from the Community Development Block Grant of $90,221, which was recorded in the financial statements in the line item "Other grants and contributions."
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. The Center's Administrative Cost Allocation Plan is being followed and administrative expenses are being distributed in a fair and equitable manner.
Federal financial award revenues are included in the financial statements in the line item "Federal HRSA grant," apart from the Community Development Block Grant of $90,221, which was recorded in the financial statements in the line item "Other grants and contributions."