Notes to SEFA
The accompanying schedule of expenditures of federal and state awards (SEFSA) includes the federal and state grant activity of Gaston Family Health Services, Inc. under programs of the federal and state government for the year ended September 30, 2025. The information in this SEFSA 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. Because the Schedule presents only a selected portion of the operations of Gaston Family Health Services, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Gaston Family Health Services, Inc.
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, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Gaston Family Health Services, Inc. has elected not to use the 15% de minimis indirect cost rate as allowed under the Uniform Guidance.