Notes to SEFA
Title: (1) General
Accounting Policies: General, Basis of Accounting, and Facilities and Administrative Costs
De Minimis Rate Used: N
Rate Explanation: The Organization uses its negotiated indirect cost rates instead of the 10% de minimis cost rate allowed by the Uniform Guidance.
The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of Children's Healthcare of California and Affiliates (the Organization). The Organization's reporting entity is defined in note 1 to the consolidated financial statements of the Organization. Federal financial assistance received directly from federal agencies, as well as federal financial assistance passed through agencies other than Medi-Cal is included in the accompanying schedule.
Title: (2) Basis of Accounting
Accounting Policies: General, Basis of Accounting, and Facilities and Administrative Costs
De Minimis Rate Used: N
Rate Explanation: The Organization uses its negotiated indirect cost rates instead of the 10% de minimis cost rate allowed by the Uniform Guidance.
The schedule of expenditures of federal awards is presented on the accrual basis of accounting. Expenditures are recognized as they are incurred.
Title: (3) Facilities and Administrative Costs
Accounting Policies: General, Basis of Accounting, and Facilities and Administrative Costs
De Minimis Rate Used: N
Rate Explanation: The Organization uses its negotiated indirect cost rates instead of the 10% de minimis cost rate allowed by the Uniform Guidance.
The Organization uses its negotiated indirect cost rates instead of the 10% de minimis cost rate allowed by the Uniform Guidance.