Audit 342623

Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of Alaska Primary Care Association, Inc. 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 Part 200, Uniform Administrative Requirements, Cost Principles, andAudit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Alaska Primary Care Association, Inc., it is not intended to and does not represent the financial position, change in net assets or cash flows of Alaska Primary Care Association, Inc. Expenditures reported on the Schedule are reported on the full accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance , wherein certain types of expenditures are not allowable or are limited as to reimbursement. Alaska Primary Care Association, Inc. has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance . De Minimis Rate Used: N Rate Explanation: APCA is either to direct charge only to grants or carry their admin costs through other funding.