Notes to SEFA
Title: Note to the Schedule of Expenditures of Federal Awards:
Accounting Policies: Expenditures reported In the Schedule of Expenditures of Federal Awards are reported on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to charge a 10% de minimis indirect cost rate to Its grants and has not elected to obtain a federal indirect cost rate.
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of the Community Medicine Foundation, Inc. under the programs of the federal government for the year ended January 31, 2022. This Information in this schedule Is presented in accordance with the requirements of Title 2 U.S. Code of Federal Requirements (CFR) Part 200, Uniform Administration Requirements, Cost Principles and Audit Requirements for Federal Awards, Because the Schedule presents only a selected portion of the operations of Community Medicine Foundation, Inc., it is not Intended to and does not present the financial position, changes in net assets or cash flows of Community Medicine Foundation, Inc.