Notes to SEFA
Title: NOTE 1 - BASIS OF PRESENTATION
Accounting Policies: 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, wherein certain types of
expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Pine Rest Christian Mental Health Services has elected not to use the 10-percent de minimis indirect cost
rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant
activity of Pine Rest Christian Mental Health Services under programs of the federal government for the
year ended June 30, 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. Because the schedule
presents only a selected portion of the operations of Pine Rest Christian Mental Health Services, it is not
intended to and does not present the financial position, changes in net assets, or cash flows of Pine Rest
Christian Mental Health Services. Pine Rest Christian Mental Health Services had no subrecipients during
the year.
Title: NOTE 2 - BASIS OF ACCOUNTING
Accounting Policies: 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, wherein certain types of
expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Pine Rest Christian Mental Health Services has elected not to use the 10-percent de minimis indirect cost
rate allowed under the Uniform Guidance.
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, wherein certain types of
expenditures are not allowable or are limited as to reimbursement.
Title: NOTE 3 - INDIRECT COST RATE
Accounting Policies: 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, wherein certain types of
expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Pine Rest Christian Mental Health Services has elected not to use the 10-percent de minimis indirect cost
rate allowed under the Uniform Guidance.
Pine Rest Christian Mental Health Services has elected not to use the 10-percent de minimis indirect cost
rate allowed under the Uniform Guidance.