Title: NOTE 1 - BASIS OF PRESENTATION
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activities of
the South Texas Family Planning and Health Corporation under programs of the federal government and the State of Texas
for the year ended August 31, 2023. The information in this schedule is 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 (the Uniform Guidance), and the Texas Uniform Grant Management Standards (UGMS). Because the
schedule presents only a portion of the operations, it is not intended to, and does not present the financial position,
changes in net assets or cash flows of South Texas Family Planning and Health Corporation.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized
following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable
or are limited as to reimbursement.
NOTE 3 - RELATIONSHIP TO FEDERAL FINANCIAL REPORTS
Amounts reported in the accompanying schedule may not agree with the amounts reported in the related federal financial
reports filed with the grantor agencies because of accruals made in the schedule which will be included in future reports
filed with those agencies.
NOTE 4 - CONTINGENT LIABILITIES
STFPHC participates in a number of state and federally assisted programs. These programs are subject to financial and
compliance audits by the grantors or their representatives. The purpose of these audits is to ensure compliance with
conditions relating to granting of funds and other reimbursement regulations. These programs have compliance
requirements, and should federal or state auditors discover areas of material noncompliance, those funds may be subject
to refund if so determined by administrative audit review.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activities of the South Texas Family Planning and Health Corporation under programs of the federal government and the State of Texas for the year ended August 31, 2023. The information in this schedule is 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 (the Uniform Guidance), and the Texas Uniform Grant Management Standards (UGMS). Because the schedule presents only a portion of the operations, it is not intended to, and does not present the financial position, changes in net assets or cash flows of South Texas Family Planning and Health Corporation.
Title: NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activities of
the South Texas Family Planning and Health Corporation under programs of the federal government and the State of Texas
for the year ended August 31, 2023. The information in this schedule is 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 (the Uniform Guidance), and the Texas Uniform Grant Management Standards (UGMS). Because the
schedule presents only a portion of the operations, it is not intended to, and does not present the financial position,
changes in net assets or cash flows of South Texas Family Planning and Health Corporation.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized
following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable
or are limited as to reimbursement.
NOTE 3 - RELATIONSHIP TO FEDERAL FINANCIAL REPORTS
Amounts reported in the accompanying schedule may not agree with the amounts reported in the related federal financial
reports filed with the grantor agencies because of accruals made in the schedule which will be included in future reports
filed with those agencies.
NOTE 4 - CONTINGENT LIABILITIES
STFPHC participates in a number of state and federally assisted programs. These programs are subject to financial and
compliance audits by the grantors or their representatives. The purpose of these audits is to ensure compliance with
conditions relating to granting of funds and other reimbursement regulations. These programs have compliance
requirements, and should federal or state auditors discover areas of material noncompliance, those funds may be subject
to refund if so determined by administrative audit review.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: NOTE 3 - RELATIONSHIP TO FEDERAL FINANCIAL REPORTS
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activities of
the South Texas Family Planning and Health Corporation under programs of the federal government and the State of Texas
for the year ended August 31, 2023. The information in this schedule is 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 (the Uniform Guidance), and the Texas Uniform Grant Management Standards (UGMS). Because the
schedule presents only a portion of the operations, it is not intended to, and does not present the financial position,
changes in net assets or cash flows of South Texas Family Planning and Health Corporation.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized
following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable
or are limited as to reimbursement.
NOTE 3 - RELATIONSHIP TO FEDERAL FINANCIAL REPORTS
Amounts reported in the accompanying schedule may not agree with the amounts reported in the related federal financial
reports filed with the grantor agencies because of accruals made in the schedule which will be included in future reports
filed with those agencies.
NOTE 4 - CONTINGENT LIABILITIES
STFPHC participates in a number of state and federally assisted programs. These programs are subject to financial and
compliance audits by the grantors or their representatives. The purpose of these audits is to ensure compliance with
conditions relating to granting of funds and other reimbursement regulations. These programs have compliance
requirements, and should federal or state auditors discover areas of material noncompliance, those funds may be subject
to refund if so determined by administrative audit review.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
Amounts reported in the accompanying schedule may not agree with the amounts reported in the related federal financial reports filed with the grantor agencies because of accruals made in the schedule which will be included in future reports filed with those agencies.
Title: NOTE 4 - CONTINGENT LIABILITIES
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activities of
the South Texas Family Planning and Health Corporation under programs of the federal government and the State of Texas
for the year ended August 31, 2023. The information in this schedule is 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 (the Uniform Guidance), and the Texas Uniform Grant Management Standards (UGMS). Because the
schedule presents only a portion of the operations, it is not intended to, and does not present the financial position,
changes in net assets or cash flows of South Texas Family Planning and Health Corporation.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized
following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable
or are limited as to reimbursement.
NOTE 3 - RELATIONSHIP TO FEDERAL FINANCIAL REPORTS
Amounts reported in the accompanying schedule may not agree with the amounts reported in the related federal financial
reports filed with the grantor agencies because of accruals made in the schedule which will be included in future reports
filed with those agencies.
NOTE 4 - CONTINGENT LIABILITIES
STFPHC participates in a number of state and federally assisted programs. These programs are subject to financial and
compliance audits by the grantors or their representatives. The purpose of these audits is to ensure compliance with
conditions relating to granting of funds and other reimbursement regulations. These programs have compliance
requirements, and should federal or state auditors discover areas of material noncompliance, those funds may be subject
to refund if so determined by administrative audit review.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
STFPHC participates in a number of state and federally assisted programs. These programs are subject to financial and compliance audits by the grantors or their representatives. The purpose of these audits is to ensure compliance with conditions relating to granting of funds and other reimbursement regulations. These programs have compliance requirements, and should federal or state auditors discover areas of material noncompliance, those funds may be subject to refund if so determined by administrative audit review.
Title: NOTE 5 - INDIRECT COSTS
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activities of
the South Texas Family Planning and Health Corporation under programs of the federal government and the State of Texas
for the year ended August 31, 2023. The information in this schedule is 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 (the Uniform Guidance), and the Texas Uniform Grant Management Standards (UGMS). Because the
schedule presents only a portion of the operations, it is not intended to, and does not present the financial position,
changes in net assets or cash flows of South Texas Family Planning and Health Corporation.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized
following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable
or are limited as to reimbursement.
NOTE 3 - RELATIONSHIP TO FEDERAL FINANCIAL REPORTS
Amounts reported in the accompanying schedule may not agree with the amounts reported in the related federal financial
reports filed with the grantor agencies because of accruals made in the schedule which will be included in future reports
filed with those agencies.
NOTE 4 - CONTINGENT LIABILITIES
STFPHC participates in a number of state and federally assisted programs. These programs are subject to financial and
compliance audits by the grantors or their representatives. The purpose of these audits is to ensure compliance with
conditions relating to granting of funds and other reimbursement regulations. These programs have compliance
requirements, and should federal or state auditors discover areas of material noncompliance, those funds may be subject
to refund if so determined by administrative audit review.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
STFPHC has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.