Notes to SEFA
Accounting Policies: NOTE 1 – BASIS OF PRESENTATION
The accompanying schedule of expenditures of Federal Awards (the Schedule) includes the federal award
activity of J.C. Lewis Primary Health Care Center (the “Center”) under programs of the federal government
for the fiscal year ended December 31, 2024. The information in this Schedule 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). Because
the Schedule presents only a selected portion of the operations of the Center, it is not intended to and
does not present the financial position, changes in net assets, or cash flows of the Center.
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on the Schedule are reported on the 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.
NOTE 3 – INDIRECT COST RATE
J.C. Lewis Primary Health Care Center has elected not to use the 10% de minimis indirect cost rate allowed
under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: NOTE 3 – INDIRECT COST RATE
J.C. Lewis Primary Health Care Center has elected not to use the 10% de minimis indirect cost rate allowed
under the Uniform Guidance.