Notes to SEFA
Title: SUB - RECIPIENT
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance have been prepared on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), and the New Jersey OMB Circular Letter 15-08, Single Audit Policy for Recipients of Federal Grants, State Grants and State Aid. Therefore, some amounts presented in the schedules may differ from amounts presented in or used in the preparation of the basic financial statements. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
Of the expenditures of state financial assistance presented in the Schedules, the Foundation provided state awards to a sub-recipient as follows: Number: 22AFMP; Program Name: Newark School Based Health Center; Amount Provided to Sub-Recipients: $736,461
Title: Preventive and Primary Care Program
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance have been prepared on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), and the New Jersey OMB Circular Letter 15-08, Single Audit Policy for Recipients of Federal Grants, State Grants and State Aid. Therefore, some amounts presented in the schedules may differ from amounts presented in or used in the preparation of the basic financial statements. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The Foundation contracted with the State of New Jersey Department of Health Division of Family Health Services to provide health and medical services to the uninsured population under the preventive and Primary Care Program. The Letter of Agreement (LOA) pays the Foundation a fixed amount per visit regardless of actual cost incurred. For the year ended June 30, 2022, revenue related to the Letter of Agreement was $53,326.