Title: Note 1 - Reporting Entity
Accounting Policies: Basis of Accounting: For purposes of the Schedule of Expenditures of Federal Awards (“Schedule”), expenditures for federal programs are recognized on the accrual basis of accounting. Expenditures are determined using the cost accounting principles and procedures set, as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”). Therefore, some amounts presented in the Schedule may differ from amounts presented in or used in the presentation of the Center’s financial statements. Schedule of Expenditures of Federal Awards: The accompanying Schedule presents the activity of all federal financial assistance programs of the Center. Federal financial assistance received directly from federal agencies as well as federal financial assistance passed through Mendocino Community Health Center, Inc., is included in the Schedule. The Schedule was prepared from only the accounts of federal grant programs and, therefore, does not present the financial position, change in fund balance, or results of operations of the Center. Indirect Cost Rate: The Center did not elect to use the 10-percent de minimis cost rate per 2 CFR 200.510(b)(6).
De Minimis Rate Used: N
Rate Explanation: The Center did not elect to use the 10-percent de minimis cost rate per 2 CFR 200.510(b)(6).
Mendocino Coast Clinics, Inc. (the "Center"), a California not-for-profit organization, is incorporated for the purpose of rendering affordable professional medical and health care services to underserved populations of Mendocino County. The Center is licensed as a Federally Qualified Health Center ("FQHC") and is dedicated to the improvement of the health status and overall quality of life for Mendocino County residents.
Title: Note 2 - Summary of Significant Accounting Policies
Accounting Policies: Basis of Accounting: For purposes of the Schedule of Expenditures of Federal Awards (“Schedule”), expenditures for federal programs are recognized on the accrual basis of accounting. Expenditures are determined using the cost accounting principles and procedures set, as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”). Therefore, some amounts presented in the Schedule may differ from amounts presented in or used in the presentation of the Center’s financial statements. Schedule of Expenditures of Federal Awards: The accompanying Schedule presents the activity of all federal financial assistance programs of the Center. Federal financial assistance received directly from federal agencies as well as federal financial assistance passed through Mendocino Community Health Center, Inc., is included in the Schedule. The Schedule was prepared from only the accounts of federal grant programs and, therefore, does not present the financial position, change in fund balance, or results of operations of the Center. Indirect Cost Rate: The Center did not elect to use the 10-percent de minimis cost rate per 2 CFR 200.510(b)(6).
De Minimis Rate Used: N
Rate Explanation: The Center did not elect to use the 10-percent de minimis cost rate per 2 CFR 200.510(b)(6).
Basis of Accounting: For purposes of the Schedule of Expenditures of Federal Awards (“Schedule”), expenditures for federal programs are recognized on the accrual basis of accounting. Expenditures are determined using the cost accounting principles and procedures set, as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”). Therefore, some amounts presented in the Schedule may differ from amounts presented in or used in the presentation of the Center’s financial statements. Schedule of Expenditures of Federal Awards: The accompanying Schedule presents the activity of all federal financial assistance programs of the Center. Federal financial assistance received directly from federal agencies as well as federal financial assistance passed through Mendocino Community Health Center, Inc., is included in the Schedule. The Schedule was prepared from only the accounts of federal grant programs and, therefore, does not present the financial position, change in fund balance, or results of operations of the Center. Indirect Cost Rate: The Center did not elect to use the 10-percent de minimis cost rate per 2 CFR 200.510(b)(6).
Title: Note 3 - Subrecipients
Accounting Policies: Basis of Accounting: For purposes of the Schedule of Expenditures of Federal Awards (“Schedule”), expenditures for federal programs are recognized on the accrual basis of accounting. Expenditures are determined using the cost accounting principles and procedures set, as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”). Therefore, some amounts presented in the Schedule may differ from amounts presented in or used in the presentation of the Center’s financial statements. Schedule of Expenditures of Federal Awards: The accompanying Schedule presents the activity of all federal financial assistance programs of the Center. Federal financial assistance received directly from federal agencies as well as federal financial assistance passed through Mendocino Community Health Center, Inc., is included in the Schedule. The Schedule was prepared from only the accounts of federal grant programs and, therefore, does not present the financial position, change in fund balance, or results of operations of the Center. Indirect Cost Rate: The Center did not elect to use the 10-percent de minimis cost rate per 2 CFR 200.510(b)(6).
De Minimis Rate Used: N
Rate Explanation: The Center did not elect to use the 10-percent de minimis cost rate per 2 CFR 200.510(b)(6).
During the year ended June 30, 2024, the Center did not provide federal funds to subrecipients.