Notes to SEFA
Title: Note 1 Basis of Presentation
Accounting Policies: Accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: did not elect to use the de minimus cost rate
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 combined basic financial
statements.
Title: Note 3 US Dept HUD
Accounting Policies: Accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: did not elect to use the de minimus cost rate
The Orange Grove Center, Inc. and Associated Organizations has received U.S. Department of Housing and and Urban Development Captial Advances. The balances are included in the federal expenditures presented in the Schedule. The organization received no additional funding during the year.
Title: Note 4 US HHS PRF
Accounting Policies: Accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: did not elect to use the de minimus cost rate
The Organization received $178,869 from the U.S. Department of Health and Human Services Provider Relief Funds for the year ended June 30, 2022, which is recognized on the Combined Statement of Activities and Changes in Net Assets for the year ended June 30, 2022. The funds are reported on the Comined Schedule of Expenditures of Federal awards for the year ended June 30, 2023.