Notes to SEFA
The accompanying schedule of expenditures of federal awards (the schedule) includes the federal grant award activity of Southeast Alabama Rural Health Associates 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Because the schedule presents only a selected portion of the operations of Southeast Alabama Rural Health Associates, it is not intended to and does not present the financial position, change in net assets, or cash flows of Southeast Alabama Rural Health Associates
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 and/or OMB Circular A0122, Cost Principles for Non-profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The Organization has elected not to use the 15% de minimis indirect cost rate allowed under the Uniform Guidance.