Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the activity of all federal award programs of Blue Ridge Health Center, Inc. (dba Blue Ridge Medical Center) (hereafter referred to as BRHC) on the accrual basis of accounting for the years ended December 31, 2025. 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). Because the Schedule presents only a selected portion of the operations of the Blue Ridge Health Center, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of BRHC.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
BRHC did not elect to use the 15-percent de minimis indirect cost rate allowed under Uniform Guidance.
No awards were passed through to subrecipients.
The federal award expenditures and disbursements are reported in the basic financial statements of BRHC as follows: