Notes to SEFA
Title: NOTE 3 — PASS-THROUGH ENTITY IDENTIFYING NUMBER
Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes federal and passthrough grant activity of Center for Disability Services Holding Corporation and Related Entities (the “Center”) under programs of the federal government for the year ended December 31, 2023. 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, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Center.
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.
De Minimis Rate Used: N
Rate Explanation: For the year ended December 31, 2023, the Center did not elect to use the 10% de minimis indirect cost rate.
The pass-through entity identifying numbers for award year 2022-2023 are as follows: See the Notes to the SEFA for chart/table
The pass-through entity identifying numbers for award year 2023-2024 are as follows: See the Notes to the SEFA for chart/table
Title: NOTE 4 — EXCLUDED FEDERAL AWARDS
Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes federal and passthrough grant activity of Center for Disability Services Holding Corporation and Related Entities (the “Center”) under programs of the federal government for the year ended December 31, 2023. 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, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Center.
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.
De Minimis Rate Used: N
Rate Explanation: For the year ended December 31, 2023, the Center did not elect to use the 10% de minimis indirect cost rate.
The Center’s combined financial statements include the operations of Center Housing Development Fund Corporation and Center Housing Development Fund Corporation II which combined received $2,805,681 in federal awards and loan guarantees which are not included in the Center’s schedule of expenditures of federal awards for the year ended December 31, 2023. These federal expenditures were excluded because those entities were audited and reported on separately.