Notes to SEFA
Title: BASIS FOR PRESENTATION
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of St Gabriel Health Clinic Inc and is presented on the accrual basis of accounting. The information on this schedule is presented in accordance with the requirements of Title 2 of U S Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance). Certain costs have been allocated to the federal progams in accordance with OMB Circular A-122, Cost Principles of Non- Profit Organizations. The amounts presented in thes schedule do not differ from the amounts presented in or used in the preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: St Gabriel Health Clinic Inc has elected not to use the 10 per cent de minis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of St Gabriel Health Clinic Inc and is presented on the accrual basis of accounting. The information on this schedule is presented in accordance with the requirements of Title 2 of U S Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance). Certain costs have been allocated to the federal progams in accordance with OMB Circular A-122, Cost Principles of Non- Profit Organizations. The amounts presented in thes schedule do not differ from the amounts presented in or used in the preparation of the financial statements.