Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported in the schedule of expenditures of federal awards (Schedule) 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.
De Minimis Rate Used: Y
Rate Explanation: HealthReach Community Health Centers (the Organization) has elected to
use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The Schedule includes the federal grant activity of the Organization. The information in this Schedule is presented in accordance with the requirements of the Uniform Guidance. Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
Title: Health Center Program Cluster
Accounting Policies: Expenditures reported in the schedule of expenditures of federal awards (Schedule) 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.
De Minimis Rate Used: Y
Rate Explanation: HealthReach Community Health Centers (the Organization) has elected to
use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The Health Center Program Cluster includes an offset of $24,465 which represent expenditures for the FY 2023 Expanding COVID-19 Vaccination program (H8GCS47677) that were included in the Schedule for the year ended December 31, 2023 and were returned to the awarding agency during the year ended December 31, 2024.