Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Community Health Center Association of Mississippi (the Association) under programs of the federal government for the year ended June 30, 2025. For the purposes of the Schedule, federal awards include all grants, contracts, loans, and loan guarantee agreements entered into directly between the Association and agencies and departments of the federal government or federal grant pass through agencies. The Association has classified all awards into major and nonmajor programs in accordance with the provisions of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Major programs include the following: U.S. Department of Health and Human Services – State and Regional Primary Care Associations (330 PCA Grant). Fiscal Period Audited: Single audit testing procedures were performed for program transactions that occurred during the fiscal year ended June 30, 2025.
Basis of Accounting: The accompanying Schedule includes the federal grant activity of the Association and is presented on the accrual basis of accounting. The information in this Schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this Schedule may differ from the amounts presented in, or used in the preparation of, the basic financial statements. The amounts presented in this Schedule have been reconciled to the Association’s basic financial statements. Cost Allocation: The Association has elected to use the 15% de minimis indirect cost rate when applicable to federal grants. Program Costs: The amounts shown as current year expenses represent the federal grant portion of the program costs. Entire program costs, including the Association’s portion, may be more than shown.
The Association did not receive federal noncash assistance during the year ended June 30, 2025.
No federal insurance was received by the Association during the year ended June 30, 2025.