Notes to SEFA
Title: Note 2
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of
Aliados Health, 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.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10% de minimis indirect cost rate as allowed under the
Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of
accounting, which is described in the notes to the financial statements of the Organization as of and for
the year ended June 30, 2022.