Notes to SEFA
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal grant activity of Regional Health Care Clinic, Inc. d/b/a Katy Trail Community Health (a not-for-profit organization) (the "Organization") under 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 Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of 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.
The Organization did not elect to use the 10 percent de minimis indirect cost rate for fiscal year 2024.
The Organization had no federal insurance programs in effect and no loan or loan guarantee programs outstanding during the year ended December 31, 2024.
Federal awards included in the accompanying schedule of expenditures of federal awards are reported as grant revenue in the Organization's consolidated statements of operations and changes in net assets.