Title: NOTE 1. BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of
accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of
Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements
for Federal Awards (Uniform Guidance) wherein certain types of expenditures are not allowable or are limited
as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the
normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying
numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: AHA did not select to use the de minimis 10% rate to recover indirect costs.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the AHA
under programs of the federal government for the year ended June 30, 2024. The information in this schedule
is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations (CFR) Part
200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
Because the schedule presents only a selected portion of the operations of the AHA, it is not intended to and
does not present the financial position, changes in net position or cash flows of the AHA.
Title: NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of
accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of
Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements
for Federal Awards (Uniform Guidance) wherein certain types of expenditures are not allowable or are limited
as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the
normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying
numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: AHA did not select to use the de minimis 10% rate to recover indirect costs.
Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of
accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of
Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements
for Federal Awards (Uniform Guidance) wherein certain types of expenditures are not allowable or are limited
as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the
normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying
numbers are presented where available.
Title: NOTE 3. OUTSTANDING LOANS, SUBRECIPIENTS AND INDIRECT COSTS
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of
accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of
Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements
for Federal Awards (Uniform Guidance) wherein certain types of expenditures are not allowable or are limited
as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the
normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying
numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: AHA did not select to use the de minimis 10% rate to recover indirect costs.
AHA did not select to use the de minimis 10% rate to recover indirect costs.
Title: NOTE 4. ASSISTANCE LISTING NUMBERS
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of
accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of
Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements
for Federal Awards (Uniform Guidance) wherein certain types of expenditures are not allowable or are limited
as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the
normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying
numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: AHA did not select to use the de minimis 10% rate to recover indirect costs.
The program titles and Assistance Listing Numbers were verified and/or confirmed at the US General Services
Administration website https://sam.gov/
Title: NOTE 5. SUBRECIPIENTS
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of
accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of
Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements
for Federal Awards (Uniform Guidance) wherein certain types of expenditures are not allowable or are limited
as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the
normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying
numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: AHA did not select to use the de minimis 10% rate to recover indirect costs.
AHA provided no federal awards to subrecipients during the year ended June 30, 2024.
Title: NOTE 6. RECONCILIATION TO STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of
accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of
Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements
for Federal Awards (Uniform Guidance) wherein certain types of expenditures are not allowable or are limited
as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the
normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying
numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: AHA did not select to use the de minimis 10% rate to recover indirect costs.
HUD operating grants $ 35,332,978
Other government grants 32,734
Capital grants 2,111,195
$ 37,476,908