Audit 338722

Title: Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such e cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: Y Rate Explanation: Mid-Atlantic Association of Community Health Centers, Inc. has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Mid-Atlantic Association of Community Health Centers, Inc. under programs of the federal government for the fifteen-month period 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Mid-Atlantic Association of Community Health Centers, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Mid-Atlantic Association of Community Health Centers, Inc.