Notes to SEFA
Title: NOTE A - BASIS FOR PRESENTATION
Accounting Policies: Expenditures reported on this schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: The Eastern Montana Community Mental Health Center is a nonprofit entity and used the ten percent (10%) de minimis indirect cost rate allowed under the Uniform Guidance.
This schedule of expenditures of federal awards includes the federal grant activity of the Eastern Montana Community Mental Health Center 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 (Uniform Guidance). Because this schedule presents only a selected portion of the operations of Eastern Montana Community Mental Health Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Center.
Title: NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Expenditures reported on this schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: The Eastern Montana Community Mental Health Center is a nonprofit entity and used the ten percent (10%) de minimis indirect cost rate allowed under the Uniform Guidance.
Expenditures reported on this schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: NOTE C - SUBRECIPIENTS
Accounting Policies: Expenditures reported on this schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: The Eastern Montana Community Mental Health Center is a nonprofit entity and used the ten percent (10%) de minimis indirect cost rate allowed under the Uniform Guidance.
During the year ended June 30, 2023, the Center provided no funding to subrecipients.
Title: NOTE D - INDIRECT COST RATE
Accounting Policies: Expenditures reported on this schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: The Eastern Montana Community Mental Health Center is a nonprofit entity and used the ten percent (10%) de minimis indirect cost rate allowed under the Uniform Guidance.
The Center used the ten percent (10%) de minimis indirect cost rate allowed under the Uniform Guidance.