Notes to SEFA
Accounting Policies: The above schedule of expenditures of federal awards includes the federal grant activity of Glacier
Community Health Center, Inc. under the programs of the federal government for the year ended May 31,
2023. The information in this schedule is presented in accordance with the requirements of Title 2 U.S.
Code of Federal Regulations (CFR) 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 basic financial
statements. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures
are recognized following the cost principles contained in OMB Circular A-122, Cost Principles for Non-
profit Organizations, wherein certain types of expenditures are not allowable or are limited as to
reimbursement.
De Minimis Rate Used: N
Rate Explanation: N/A