Notes to SEFA
The schedule of expenditures of federal awards (SEFA) is prepared on the accrual basis of accounting. The expenditure threshold for classification as a Type A program is $1,000,000. The Council has elected not to use the 15% de minimis indirect cost rate allowed under Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements/or Federal Awards ("Uniform Guidance").
There were no awards passed through to subrecipients. The Council did not receive or expend any federal awards during 2025 in the form of non-cash assistance. The SEFA includes federal award activity of Morgan County Health Council, Inc. under programs of the federal government for the year ended December 31, 2025. 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. Because the SEFA presents only a selected portion of the operations of Morgan County Health Council, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Morgan County Health Council, Inc.