Title: BASIS OF PRESENTATION
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the De Baca Family Practice Clinic, Inc for the years ended June 30, 2024 and 2023 and is presented on the accrual basis of accounting. 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). Because the schedule only presents a selected portion of the operations of the Clinic, it is not intended to and does not present the financial position or changes in net position of the Clinic.
De Minimis Rate Used: N
Rate Explanation: The Clinic did not use the 10% de minimis cost rate for the current year.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the De Baca Family Practice Clinic, Inc for the years ended June 30, 2024 and 2023 and is presented on the accrual basis of accounting. 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). Because the schedule only presents a selected portion of the operations of the Clinic, it is not intended to and does not present the financial position or changes in net position of the Clinic.
Title: NON-CASH ASSISTANCE
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the De Baca Family Practice Clinic, Inc for the years ended June 30, 2024 and 2023 and is presented on the accrual basis of accounting. 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). Because the schedule only presents a selected portion of the operations of the Clinic, it is not intended to and does not present the financial position or changes in net position of the Clinic.
De Minimis Rate Used: N
Rate Explanation: The Clinic did not use the 10% de minimis cost rate for the current year.
The Clinic did not receive non-cash federal assistance for the years ended June 30, 2024 and 2023.
Title: SUB RECIPIENTS
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the De Baca Family Practice Clinic, Inc for the years ended June 30, 2024 and 2023 and is presented on the accrual basis of accounting. 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). Because the schedule only presents a selected portion of the operations of the Clinic, it is not intended to and does not present the financial position or changes in net position of the Clinic.
De Minimis Rate Used: N
Rate Explanation: The Clinic did not use the 10% de minimis cost rate for the current year.
The Clinic provided no federal awards to sub recipients for the years ended June 30, 2024 and 2023.
Title: COST RATE
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the De Baca Family Practice Clinic, Inc for the years ended June 30, 2024 and 2023 and is presented on the accrual basis of accounting. 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). Because the schedule only presents a selected portion of the operations of the Clinic, it is not intended to and does not present the financial position or changes in net position of the Clinic.
De Minimis Rate Used: N
Rate Explanation: The Clinic did not use the 10% de minimis cost rate for the current year.
The Clinic did not use the 10% de minimis cost rate for the current year.