Notes to SEFA
Note 1 – Basis of Presentation The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Arkansas Verdigris Valley Health Centers, Inc. (the Organization) and is presented on the accrual basis of accounting. The information in this schedule 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements.
Note 3 – Subrecipients The Organization provided no awards to subrecipients.