Notes to SEFA
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal grant activity of Angeles Community Health Center (the "Organization") under the programs of the federal government for the 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requriements 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.
No federal awards expenditures were provided to subrecipients during the year ended December 31, 2024.
The Organization had the following loan balance outstanding at December 31, 2024: Assistance Listing #: 59.008; Program Name: SBA Disaster Assistance Loan; Balance: $1,925,565