Notes to SEFA
Title: GENERAL
Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting. Such expenditures are recognized following, as applicable, the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, UnIform Administrative Requirements, Cost Principles, and Audit Requirements/or Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Center has contracted with the respective granting agencies for indirect cost rates. Allowable indirect costs for each award are determined by the related terms and conditions developed by the awarding agency for each program. The format for the accompanying schedule includes revenue recognized in the Center's basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The Center has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Community Health Development, Inc. (the Center) under programs of the federal government for the year ended September 30, 2023. The information in this Schedule
is presented in accordance with 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 Schedule presents only a selected portion of the operations of Community Health Development, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Community Health Development, Inc.
Title: RELATIONSHIP TO BASIC FINANCIAL STATEMENTS
Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting. Such expenditures are recognized following, as applicable, the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, UnIform Administrative Requirements, Cost Principles, and Audit Requirements/or Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Center has contracted with the respective granting agencies for indirect cost rates. Allowable indirect costs for each award are determined by the related terms and conditions developed by the awarding agency for each program. The format for the accompanying schedule includes revenue recognized in the Center's basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The Center has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Federal financial assistance programs are reported in the Center's basic financial statements as support. Total federal financial assistance per the accompanying schedule of expenditures of federal awards does not include monies received as cost reimbursement for services provided to
Medicaid and Medicare eligible recipients.
Title: PROGRAM OR AWARD AMOUNTS
Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting. Such expenditures are recognized following, as applicable, the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, UnIform Administrative Requirements, Cost Principles, and Audit Requirements/or Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Center has contracted with the respective granting agencies for indirect cost rates. Allowable indirect costs for each award are determined by the related terms and conditions developed by the awarding agency for each program. The format for the accompanying schedule includes revenue recognized in the Center's basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The Center has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Amounts include contract/award amounts plus any additional reimbursement monies received in
fiscal year 2023.