Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of InterCare Community Health Network under programs of the federal government for the year ended March 31, 2025. 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 InterCare Community Health Network, it is not intended to and does not present the financial position, changes in net assets, or cash flows of InterCare Community Health Network.
Federal revenues are recorded as Federal Grants and Federal Capital Grants revenue on the Statement of Operations: Federal grants per financial statements $ 10,107,699 Federal capital grants per financial statements 855,899 Total expenditures of federal awards $ 10,963,598
No amounts were provided to subrecipients.