Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting, except for amounts passed through to subrecipients which are reported on a cash basis and the ALN 93.498, which is reported in accordance with the Health Resources and Services Administration’s Provider Relief Fund Reporting Portal. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the financial activity of the federally assisted programs of Care for the Homeless and Affiliates (the "Organization") for the year ended December 31, 2023. The information in the 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 (the “Uniform Guidance”). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
Title: PROVIDER RELIEF FUNDS (FEDERAL ASSISTANCE LISTING #93.498)
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting, except for amounts passed through to subrecipients which are reported on a cash basis and the ALN 93.498, which is reported in accordance with the Health Resources and Services Administration’s Provider Relief Fund Reporting Portal. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Organization received Provider Relief Funds during 2022 which were spent in 2022. The amounts received from Period 5 (January 1, 2022 to June 30, 2022) are reported on the Schedule for the year ended December 31, 2023. The amounts reported in the Schedule for the COVID-19-Provider Relief Funds are based on the Department of Health and Human Services reporting requirements.