Notes to SEFA
Title: Basis of Presentation
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.
De Minimis Rate Used: N
Rate Explanation: Monongahela Valley Association of Health Centers, Inc. has electred not to use the 10 percent de minimus indirect cost rate as allowed under the uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of the Association under programs of the federal government for the year ended January 31, 2025. The information in this Schedule is presented in accordance with the requirments 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 Monongahela Valley Associations of Health Centers, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Monongahela Valley Association of Health Centers, Inc.
Title: Pass-Through to Subrecipients
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.
De Minimis Rate Used: N
Rate Explanation: Monongahela Valley Association of Health Centers, Inc. has electred not to use the 10 percent de minimus indirect cost rate as allowed under the uniform Guidance.
There were no awards passed through to subrecipients.
Title: Assistance Listing (Catalog of Federal Domestic Assistance (CFDA))
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.
De Minimis Rate Used: N
Rate Explanation: Monongahela Valley Association of Health Centers, Inc. has electred not to use the 10 percent de minimus indirect cost rate as allowed under the uniform Guidance.
Assistance Listing (AL) has replaced the Catalog of Federal Domestice Assistance (CFDA) for identifying federal programs.