Notes to SEFA
The accompanying schedule of expenditures of federal awards (SEFA) presents the activity of all federal award programs of Seward Community Health Center, Inc. (SCHC). The information in the SEFA 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). Federal financial assistance received directly from federal agencies, as well as federal financial assistance passed through other entities, is included on the SEFA. SCHC’s reporting entity is defined in Note 1 to SCHC’s financial statements.
The accompanying SEFA is presented using the accrual basis of accounting, described in Note 1 of SCHC’s financial statements. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
SCHC has not elected to use th 15% de mininis indirect cost rate as allowed under the Uniform Guidance.