Title: NOTE 1. BASIS OF PRESENTATION AND USE OF ESTIMATES
Accounting Policies: The schedule of expenditures of federal awards is presented using the accrual basis of
accounting. The schedule of expenditures of federal awards includes cost reimbursable
grants from the federal government which, for the year ended December 31, 2024,
were from the U.S. Department of Health and Human Services. This information is
presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts
presented in the schedules may differ from amounts presented in, or used in the
preparation of, the financial statements. The principal estimates and assumptions used
in the preparation of the accompanying schedule relate to cost allowability and
allocability (see Note 2). Actual results could differ from those estimates.
De Minimis Rate Used: N
Rate Explanation: National Alliance for Hispanic Health has elected not to use the ten percent de minimis
indirect cost rate allowed by the Uniform Guidance. Instead, National Alliance for
Hispanic Health uses its agreed upon cost rate as specified in its federal awards.
The schedule of expenditures of federal awards is presented using the accrual basis of
accounting. The schedule of expenditures of federal awards includes cost reimbursable
grants from the federal government which, for the year ended December 31, 2024,
were from the U.S. Department of Health and Human Services. This information is
presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts
presented in the schedules may differ from amounts presented in, or used in the
preparation of, the financial statements. The principal estimates and assumptions used
in the preparation of the accompanying schedule relate to cost allowability and
allocability (see Note 2). Actual results could differ from those estimates.
Title: NOTE 2. GOVERNMENT AUDITS
Accounting Policies: The schedule of expenditures of federal awards is presented using the accrual basis of
accounting. The schedule of expenditures of federal awards includes cost reimbursable
grants from the federal government which, for the year ended December 31, 2024,
were from the U.S. Department of Health and Human Services. This information is
presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts
presented in the schedules may differ from amounts presented in, or used in the
preparation of, the financial statements. The principal estimates and assumptions used
in the preparation of the accompanying schedule relate to cost allowability and
allocability (see Note 2). Actual results could differ from those estimates.
De Minimis Rate Used: N
Rate Explanation: National Alliance for Hispanic Health has elected not to use the ten percent de minimis
indirect cost rate allowed by the Uniform Guidance. Instead, National Alliance for
Hispanic Health uses its agreed upon cost rate as specified in its federal awards.
The allowability of certain costs under government grants are subject to audit by the
awarding agency. Certain indirect costs charged to grants are subject to revisions
based on government audits of those costs. Management believes that grant costs are
consistent with applicable government cost principles, and that costs subsequently
disallowed, if any, upon audit by the government would not be material.
Title: NOTE 3. INDIRECT COST RATE
Accounting Policies: The schedule of expenditures of federal awards is presented using the accrual basis of
accounting. The schedule of expenditures of federal awards includes cost reimbursable
grants from the federal government which, for the year ended December 31, 2024,
were from the U.S. Department of Health and Human Services. This information is
presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts
presented in the schedules may differ from amounts presented in, or used in the
preparation of, the financial statements. The principal estimates and assumptions used
in the preparation of the accompanying schedule relate to cost allowability and
allocability (see Note 2). Actual results could differ from those estimates.
De Minimis Rate Used: N
Rate Explanation: National Alliance for Hispanic Health has elected not to use the ten percent de minimis
indirect cost rate allowed by the Uniform Guidance. Instead, National Alliance for
Hispanic Health uses its agreed upon cost rate as specified in its federal awards.
National Alliance for Hispanic Health has elected not to use the ten percent de minimis
indirect cost rate allowed by the Uniform Guidance. Instead, National Alliance for
Hispanic Health uses its agreed upon cost rate as specified in its federal awards.