Title: NOTE 1 BASIS FOR PRESENTATION
Accounting Policies: NOTE 1 BASIS FOR PRESENTATION
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) summarizes the federal awards activity of Bartz-Altadonna Community Health Center (the Organization) under the programs of the federal government for the year ended December 31, 2024. The information in the 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 Organization, it is not intended to, and does not present the
financial position, changes in net assets, or cash flows of the Organization as of and for the year ended December 31, 2024.
NOTE 2 BASIS OF ACCOUNTING
Expenditures reported on the Schedule are recognized 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.
The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
NOTE 3 RELATIONSHIP OF SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS TO THE FINANCIAL STATEMENTS
Consistent with management’s policy, federal awards are recorded in various revenue categories. As a result, the amount of total federal awards reported on the Schedule does not agree with total grants and contracts revenue reported on the Statement of Activities as presented in the Organization’s audited financial statements as of and for the year ended December 31, 2024.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) summarizes the federal awards activity of Bartz-Altadonna Community Health Center (the Organization) under the programs of the federal government for the year ended December 31, 2024. The information in the 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 Organization, it is not intended to, and does not present the financial position, changes in net assets, or cash flows of the Organization as of and for the year ended December 31, 2024.
Title: NOTE 2 BASIS OF ACCOUNTING
Accounting Policies: NOTE 1 BASIS FOR PRESENTATION
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) summarizes the federal awards activity of Bartz-Altadonna Community Health Center (the Organization) under the programs of the federal government for the year ended December 31, 2024. The information in the 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 Organization, it is not intended to, and does not present the
financial position, changes in net assets, or cash flows of the Organization as of and for the year ended December 31, 2024.
NOTE 2 BASIS OF ACCOUNTING
Expenditures reported on the Schedule are recognized 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.
The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
NOTE 3 RELATIONSHIP OF SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS TO THE FINANCIAL STATEMENTS
Consistent with management’s policy, federal awards are recorded in various revenue categories. As a result, the amount of total federal awards reported on the Schedule does not agree with total grants and contracts revenue reported on the Statement of Activities as presented in the Organization’s audited financial statements as of and for the year ended December 31, 2024.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Expenditures reported on the Schedule are recognized 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.
The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: NOTE 3 RELATIONSHIP OF SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS TO THE FINANCIAL STATEMENTS
Accounting Policies: NOTE 1 BASIS FOR PRESENTATION
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) summarizes the federal awards activity of Bartz-Altadonna Community Health Center (the Organization) under the programs of the federal government for the year ended December 31, 2024. The information in the 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 Organization, it is not intended to, and does not present the
financial position, changes in net assets, or cash flows of the Organization as of and for the year ended December 31, 2024.
NOTE 2 BASIS OF ACCOUNTING
Expenditures reported on the Schedule are recognized 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.
The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
NOTE 3 RELATIONSHIP OF SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS TO THE FINANCIAL STATEMENTS
Consistent with management’s policy, federal awards are recorded in various revenue categories. As a result, the amount of total federal awards reported on the Schedule does not agree with total grants and contracts revenue reported on the Statement of Activities as presented in the Organization’s audited financial statements as of and for the year ended December 31, 2024.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Consistent with management’s policy, federal awards are recorded in various revenue categories. As a result, the amount of total federal awards reported on the Schedule does not agree with total grants and contracts revenue reported on the Statement of Activities as presented in the Organization’s audited financial statements as of and for the year ended December 31, 2024.