Title: Note A-Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in Uniform Guidance, Cost
principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are
limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: South Florida Behavioral Health Network, Inc. does not have an established federal indirect cost rate.
As a result, South Florida Behavioral Health Network, Inc. did elect to use the 10 percent de-minimis
indirect cost rate.
The accompanying Schedule of Expenditures of Federal Awards and State Financial Assistance (the
Schedule) presents the activity of all federal and state award programs for South Florida Behavioral
Health Network, Inc., for the year ended June 30, 2024. The information in this schedule is presented
in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,
Audits of States, Local Governments, and Non-Profit Organizations and Chapter 10.650, Rules of the
Auditor General of the State of Florida. Because this schedule presents only a selected portion of the
operation of the South Florida Behavioral Health Network, Inc., it is not intended to and does not
present the financial position, changes in net assets, or cash flows of the South Florida Behavioral
Health Network, Inc.
Title: Note B - Summary of Significant Accounting Policies
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in Uniform Guidance, Cost
principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are
limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: South Florida Behavioral Health Network, Inc. does not have an established federal indirect cost rate.
As a result, South Florida Behavioral Health Network, Inc. did elect to use the 10 percent de-minimis
indirect cost rate.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in Uniform Guidance, Cost
principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are
limited as to reimbursement.
Title: Note C – Federal Indirect Rate
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in Uniform Guidance, Cost
principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are
limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: South Florida Behavioral Health Network, Inc. does not have an established federal indirect cost rate.
As a result, South Florida Behavioral Health Network, Inc. did elect to use the 10 percent de-minimis
indirect cost rate.
South Florida Behavioral Health Network, Inc. does not have an established federal indirect cost rate.
As a result, South Florida Behavioral Health Network, Inc. did elect to use the 10 percent de-minimis
indirect cost rate.