Notes to SEFA
Title: Summary of Significant Accounting Policies
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal and
passed through activity of UMC under programs of the federal government for the year ended June
30, 2023.
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, where
certain types of expenditures are not allowable or are limited as to reimbursement. Therefore, some
amounts presented in this schedule may differ from amounts presented in, or used in the preparation
of the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: N/A
U.S. Department of Health and Human Services (HHS) grant revenue is recognized to the extent that expenses
are billed.
The Women, Infants and Children (WIC) program expenses are recognized to the extent that cash is received.
The Family Planning Grant funding is based on a fee for service; therefore, expenses are recognized to the
extent of cash received
Federal award programs are reported in the Center’s financial statement as follows: Amount
Federal Awards $ 9,820,005
State Awards 412,924
Total Grant Revenue $ 10,232,929
Title: Other Items
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal and
passed through activity of UMC under programs of the federal government for the year ended June
30, 2023.
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, where
certain types of expenditures are not allowable or are limited as to reimbursement. Therefore, some
amounts presented in this schedule may differ from amounts presented in, or used in the preparation
of the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: N/A
UMC did not have any grant subrecipients.
There were no loans or loan guarantees or non-cash assistance during the year.