Notes to SEFA
The accompanying schedule of expenditures of federal awards ("SEFA") is prepared on the accrual basis of accounting. The expenditure threshold for classification as a Type A program is $750,000. The Organization has elected not to use the 10% de minimis indirect cost rate allowed under Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost principles, and Audit Requirements/or Federal Awards ("Uniform Guidance").
The SEFA includes federal award activity of Mountain Peoples Health Councils, Inc. under programs of the federal government for the year ended May 31, 2025. The information in the SEFA is presented in accordance with the requirements of the Uniform Guidance. Because the SEFA presents only a selected portion of the operations of Mountain Peoples Health Councils, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Mountain Peoples Health Councils, Inc. There were no awards passed through to subrecipients.
The Organization did not receive or expend federal awards during fiscal year 2025 in the form of non-cash assistance.