Title: Note 1 - Organization and Basis of Presentation
Accounting Policies: Expenditures reported on the SEFA are reported using the accrual basis of accounting. The amount of expenditures reported on the SEFA for Assistance Listing Number 93.498 represents expenditures incurred during the periods of availability of January 1, 2020 through June 30, 2023 for Period 5. Such expenditures are recognized following, either the cost principles in the Office of Management and Budget and Budget Circular A-122, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Gulfside Healthcare Services, Inc. (“Gulfside Healthcare Services”) is a not-for-profit corporation incorporated under the laws of the State of Florida in 2018 to be the sole member and supporting organization for three operating entities. The Subsidiaries consist of the following: • Gulfside Hospice, Inc (“Gulfside Hospice”) is a not-for-profit corporation incorporated under the laws of the State of Florida in to provide end-of-life care to residents in need of care in Pasco County. • Gulfside Home Health, LLC (“Gulfside Home Health”) is a single member limited liability company providing skilled home health care services to residents in Pasco and Pinellas counties. • Gulfside Palliative Care, LLC (“Gulfside Palliative Care”) is a single member limited liability company providing palliative care services in the areas surrounding Tampa Bay, Florida. The accompanying Schedule of Expenditures of Federal Award (the “SEFA”) includes the federal award of Gulfside Healthcare Services, Inc. and Subsidiaries (the “Organization”) under the U.S. Department of Health and Human Services (“HHS”) Provider Relief Fund (“PRF”) for the periods of availability which ended in the year ended June 30, 2023. The information in the SEFA 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 SEFA presents only a select 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. Federal funds were received in awards from HHS, including through federal programs established by legislation issued in response to the COVID-19 pandemic.
Title: Note 2 - Provider Relief Fund (COVID-19) Assistance Listing Number 93.498
Accounting Policies: Expenditures reported on the SEFA are reported using the accrual basis of accounting. The amount of expenditures reported on the SEFA for Assistance Listing Number 93.498 represents expenditures incurred during the periods of availability of January 1, 2020 through June 30, 2023 for Period 5. Such expenditures are recognized following, either the cost principles in the Office of Management and Budget and Budget Circular A-122, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
For the HHS award related to the PRF, HHS has indicated the amounts on the SEFA be reported corresponding to reporting requirements of the Health Resources and Services Administration (“HRSA”) PRF Reporting Portal (the “Portal”). Payments from HHS for PRF are assigned to “Payment Received Periods” (each, a “Period”) based upon the date each payment from the PRF was received. Each Period has a specified period of availability and timing of reporting requirements. Entities report into the Portal after each Period’s deadline to use the funds (i.e., after the end of the period of availability).
The SEFA includes funds received from HHS between January 1, 2022 through June 30, 2022 (Period 5) by Gulfside Healthcare Services, Inc. (Tax ID Number 83-2484312).
Title: Note 3 - Summary of Significant Accounting Policies
Accounting Policies: Expenditures reported on the SEFA are reported using the accrual basis of accounting. The amount of expenditures reported on the SEFA for Assistance Listing Number 93.498 represents expenditures incurred during the periods of availability of January 1, 2020 through June 30, 2023 for Period 5. Such expenditures are recognized following, either the cost principles in the Office of Management and Budget and Budget Circular A-122, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Expenditures reported on the SEFA are reported using the accrual basis of accounting. The amount of expenditures reported on the SEFA for Assistance Listing Number 93.498 represents expenditures incurred during the periods of availability of January 1, 2020 through June 30, 2023 for Period 5. Such expenditures are recognized following, either the cost principles in the Office of Management and Budget and Budget Circular A-122, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Note 4 - Indirect Cost Rate
Accounting Policies: Expenditures reported on the SEFA are reported using the accrual basis of accounting. The amount of expenditures reported on the SEFA for Assistance Listing Number 93.498 represents expenditures incurred during the periods of availability of January 1, 2020 through June 30, 2023 for Period 5. Such expenditures are recognized following, either the cost principles in the Office of Management and Budget and Budget Circular A-122, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Organization has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Note 5 - Estimates
Accounting Policies: Expenditures reported on the SEFA are reported using the accrual basis of accounting. The amount of expenditures reported on the SEFA for Assistance Listing Number 93.498 represents expenditures incurred during the periods of availability of January 1, 2020 through June 30, 2023 for Period 5. Such expenditures are recognized following, either the cost principles in the Office of Management and Budget and Budget Circular A-122, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The preparation of the SEFA in conformity with Uniform Guidance and accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amount during the reporting period. Actual results could differ from those estimates.
Title: Note 6 - Subsequent Events
Accounting Policies: Expenditures reported on the SEFA are reported using the accrual basis of accounting. The amount of expenditures reported on the SEFA for Assistance Listing Number 93.498 represents expenditures incurred during the periods of availability of January 1, 2020 through June 30, 2023 for Period 5. Such expenditures are recognized following, either the cost principles in the Office of Management and Budget and Budget Circular A-122, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The SEFA and related disclosures include evaluation of events through March 26, 2024, which is the date the SEFA was available to be issued.
Title: Note 7 - Contingencies
Accounting Policies: Expenditures reported on the SEFA are reported using the accrual basis of accounting. The amount of expenditures reported on the SEFA for Assistance Listing Number 93.498 represents expenditures incurred during the periods of availability of January 1, 2020 through June 30, 2023 for Period 5. Such expenditures are recognized following, either the cost principles in the Office of Management and Budget and Budget Circular A-122, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
PRF grants received by the Organization are for specific purposes and are subject to review by HHS. Such audits may result in requests for reimbursement due to disallowed expenditures. The Organization believes it was in compliance with the requirements of the PRF program.