Notes to SEFA
Accounting Policies: 1. Basis of PresentationThe accompanying schedule of expenditures of federal awards (SEFA) includes the federal grantactivity of Virginia Garcia Memorial Health Center (the Center) and Virginia Garcia MemorialFoundation (the Foundation) (collectively, the Organization). The SEFA is presented using theaccrual basis of accounting in accordance with accounting principles generally accepted in theUnited States of America. The information in the SEFA is presented in accordance with therequirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Award (Uniform Guidance).Because the SEFA presents only a selected portion of the operations of the Organization, it is notintended to and does not present the consolidated financial position, changes in net assets, or cashflows of the Organization. Therefore, some accounts presented in the SEFA may differ fromamounts presented in, or used in the preparation of, the consolidated financial statements.Pass-through entity numbers are presented when available.2. ExpendituresExpenditures reported on the SEFA are recognized following the cost principles contained in theUniform Guidance, wherein certain types of expenditures are not allowable or are limited as toreimbursement. Expenditures reported on the SEFA for the Provider Relief Fund (Assistance ListingNo. 93.498) are based on calculated lost revenue per the Provider Relief Fund reports for ReportingPeriods 1 and 2.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.