Notes to SEFA
Title: Note 1. General Information
Accounting Policies: The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on a cash or modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate.
The accompanying Schedule of Expenditures of Federal Awards presents the activities in all the federal programs of Quality Care Resource & Referral Services, Inc. All financial assistance received directly from federal agencies as well as financial assistance passed through other governmental agencies are included on the schedule.
Title: Note 2. Basis of Accounting
Accounting Policies: The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on a cash or modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate.
The information is this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) parts 200 and 910 Uniform Administration Requirements, Cost Principles and Audit Requirements of Federal Awards (Uniform Guidance).
Title: Note 3. Relationship to Basic Financial Statements
Accounting Policies: The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on a cash or modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate.
Federal awards expenditures are reported on the statement of functional expenses as program services. In certain programs, the expenditures reported in the basic financial statements may differ from the expenditures reported on the Schedule of Expenditures of Federal Awards due to program expenditures exceeding grant or contract budget limitations or due to the application of accounting policies required under accounting principles generally accepted in the United States of America
Title: Note 4. Sub-Recipients
Accounting Policies: The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on a cash or modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate.
Of the federal expenditures presented in this schedule, no expenditures were used to provide federal awards to sub-recipients.
Title: Note 5. Indirect Cost Rate
Accounting Policies: The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on a cash or modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimus cost rate.
The Organization has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.