Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported for ALN #93.959 are for operating costs incurred in providing the
approved services of the contracts.
The Organization has not elected to use the 10% de minimis cost rate.
De Minimis Rate Used: Y
Rate Explanation: The Organization has not elected to use the 10% de minimis cost rate.
The accompanying schedule of expenditures of federal awards (the Schedule) is presented on the
accrual basis of accounting. 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, Costs Principles and Audit Requirements for Federal Awards. (Uniform
Guidance). ALN #93.959 is exempt from the cost principles in 2 CFR part 200, subpart E,
however, state cost principles requirements apply to this program. The state defines allowable
costs as equivalent to established reimbursement rates for services rendered.
Because the Schedule presents only a selected portion of the operations of Harbor House, Inc., it
is not intended to and does not present the financial position, changes in net assets, or cash flows
of Harbor House, Inc.
Title: Summary of Significant Accounting Policies
Accounting Policies: Expenditures reported for ALN #93.959 are for operating costs incurred in providing the
approved services of the contracts.
The Organization has not elected to use the 10% de minimis cost rate.
De Minimis Rate Used: Y
Rate Explanation: The Organization has not elected to use the 10% de minimis cost rate.
Expenditures reported for ALN #93.959 are for operating costs incurred in providing the
approved services of the contracts.
The Organization has not elected to use the 10% de minimis cost rate.
Title: Reconciliation of Federal and State Expenses
Accounting Policies: Expenditures reported for ALN #93.959 are for operating costs incurred in providing the
approved services of the contracts.
The Organization has not elected to use the 10% de minimis cost rate.
De Minimis Rate Used: Y
Rate Explanation: The Organization has not elected to use the 10% de minimis cost rate.
Total expenditures per Schedule of Federal and State Awards $ 1,404,306
Excess of billings under recorded expenses (27,494)
Total expenditures per financial statements $ 1,376,812