Notes to SEFA
Title: NOTE A - GENERAL
Accounting Policies: Expenditures are reported on the accrual basis of accounting. Such expenditures are recognized following the costs principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Center has elected not to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award
activity of Midtown Community Health Center, Inc. (the Center) under programs of the federal
government for the year ended March 31, 2023. The information in the 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 Requirements for Federal Awards (the Uniform
Guidance). Because the Schedule presents only a selected portion of the operations of the Center, it is not
intended to and does not present the financial position, changes in financial position, or cash flows of the
Center.
Title: NOTE B -SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Expenditures are reported on the accrual basis of accounting. Such expenditures are recognized following the costs principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Center has elected not to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance.
Expenditures are reported on the Schedule are reported on the accrual basis of accounting. Such expenditures
are recognized following the costs principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying
numbers are presented where available.
Title: NOTE C - RECONCILIATION OF FEDERAL AWARDS
Accounting Policies: Expenditures are reported on the accrual basis of accounting. Such expenditures are recognized following the costs principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Center has elected not to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance.
See the notes to the SEFA for chart/table
Title: NOTE D - SUBRECIPIENTS OF FEDERAL AWARD PROGRAMS
Accounting Policies: Expenditures are reported on the accrual basis of accounting. Such expenditures are recognized following the costs principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Center has elected not to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance.
The Center did not provide Federal award funding to any subrecipients during the year ended March 31,
2023.