Notes to SEFA
Title: Matching requirement
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes federal award activity of Heart of Florida Health Center, Inc. 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). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The matching requirement for each applicable contract was met by the Organization for the period under audit.
Title: Noncash assistance, insurance, subrecipients and loans
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes federal award activity of Heart of Florida Health Center, Inc. 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). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
None of the federal awards expended by the Organization were in the form of noncash assistance, there was no insurance in effect during the year related to federal awards, there are no awards passed through to subrecipients, nor were there any loans or loan guarantees outstanding at year-end.
Title: American Rescue Plan Act
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes federal award activity of Heart of Florida Health Center, Inc. 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). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The American Rescue Plan Act federal award received from the U.S. Department of Health and Human Services included pre-award costs of approximately $957,000 relating to the prior fiscal year.