Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Great Mines Health Center (the Center) under programs of the federal government for the year ended December 31, 2025. The information in this Schedule is presented in accordance with 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 Great Mines Health Center, it is not intended to and does not present the statement of financial position, statement of activities, or cash flows of Great Mines Health Center.
Expenditures reported in 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.
As required by Uniform Guidance section 310(b)(5), the Center did not provide any federal funds to subrecipients during the fiscal year ended December 31, 2025.
The Center has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
As required by Uniform Guidance section 310(b)(6), the Center did not receive any non-cash assistance, did not receive or administer any insurance, and had no loans or loan guarantees outstanding at year ended December 31, 2025. There was no non-cash assistance received for the fiscal year ended December 31, 2025.