Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Basis of presentation:
The accompanying schedule of expenditures of federal awards includes the federal award activity of JHF and PRHI 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"). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of, the basic consolidated financial statements.
Cost principles:
Expenditures reported on the schedule of expenditures of federal awards 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: Y
Rate Explanation: THE AUDITEE USED THE DE MINIMIS COST RATE
Basis of presentation
The accompanying schedule of expenditures of federal awards includes the federal award activity of JHF and PRHI 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"). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of, the basic consolidated financial statements.
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Basis of presentation:
The accompanying schedule of expenditures of federal awards includes the federal award activity of JHF and PRHI 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"). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of, the basic consolidated financial statements.
Cost principles:
Expenditures reported on the schedule of expenditures of federal awards 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: Y
Rate Explanation: THE AUDITEE USED THE DE MINIMIS COST RATE
Cost principles
Expenditures reported on the schedule of expenditures of federal awards 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: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Basis of presentation:
The accompanying schedule of expenditures of federal awards includes the federal award activity of JHF and PRHI 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"). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of, the basic consolidated financial statements.
Cost principles:
Expenditures reported on the schedule of expenditures of federal awards 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: Y
Rate Explanation: THE AUDITEE USED THE DE MINIMIS COST RATE
Indirect costs
JHF and PRHI elected to use the 10 percent de minimis indirect cost rate, as permitted under the Uniform Guidance, to provide for indirect cost reimbursement on select federal awards.
Title: PAYMENTS TO SUBRECIPIENTS
Accounting Policies: Basis of presentation:
The accompanying schedule of expenditures of federal awards includes the federal award activity of JHF and PRHI 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"). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of, the basic consolidated financial statements.
Cost principles:
Expenditures reported on the schedule of expenditures of federal awards 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: Y
Rate Explanation: THE AUDITEE USED THE DE MINIMIS COST RATE
Payments of federal funds to subrecipients for the year ended December 31, 2023 were as follows:
Senior Care Management, Inc. $ 1,500,647
Allies for Health and Wellbeing 343,418
Einstein Healthcare Network 58,484
Caring Communities 50,581
Aids Resource 50,025
Co-County Wellness 43,831
Action AIDS 26,217
Spanish American Civic Association 23,795
Drexel University College of Medicine 18,703
Newlands Health 18,658
Philadelphia FIGHT 13,700
Wyoming Valley AIDS Council 1,412
Conemaugh Memorial Medicine Center 617
$ 2,150,088