Title: Note A – Basis of Presentation
Accounting Policies: Note A – Basis of Presentation
The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Financial Assistance (the schedules) includes the federal grant and state award activity of Hibiscus Children’s Center, Inc. (Hibiscus) and is presented on the accrual basis of accounting. 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, Chapter 10.650, and Rules of the Auditor General. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
For purposes of the Schedules, federal awards and state financial assistance include all grants, contracts, and similar agreements entered into directly with the federal or state government and other pass-through entities. Hibiscus has obtained Catalog of Federal Domestic assistance (CFDA) numbers and Catalog of State Financial Assistance (CSFA) numbers to ensure that all programs have been identified in the schedules.
Note B – Basis of Accounting
The Schedules were prepared on the accrual basis of accounting.
Note C – Contingency
Amounts received or receivable from grantor agencies are subject to audit and adjustment by those agencies. Any disallowed claims, including amounts already received, might constitute a liability of Hibiscus for the return of those funds.
Note D – Indirect Cost Rate
Hibiscus has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Note E – Subrecipients
Hibiscus has not provided any funds to subrecipients.
Note F – Other Disclosures
The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Financial Assistance includes federal and state expenditures awarded by more than one pass-through agency or under more than one contract.
De Minimis Rate Used: N
Rate Explanation: Hibiscus has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Financial Assistance (the schedules) includes the federal grant and state award activity of Hibiscus Children’s Center, Inc. (Hibiscus) and is presented on the accrual basis of accounting. 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, Chapter 10.650, and Rules of the Auditor General. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
For purposes of the Schedules, federal awards and state financial assistance include all grants, contracts, and similar agreements entered into directly with the federal or state government and other pass-through entities. Hibiscus has obtained Catalog of Federal Domestic assistance (CFDA) numbers and Catalog of State Financial Assistance (CSFA) numbers to ensure that all programs have been identified in the schedules.
Title: Note B – Basis of Accounting
Accounting Policies: Note A – Basis of Presentation
The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Financial Assistance (the schedules) includes the federal grant and state award activity of Hibiscus Children’s Center, Inc. (Hibiscus) and is presented on the accrual basis of accounting. 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, Chapter 10.650, and Rules of the Auditor General. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
For purposes of the Schedules, federal awards and state financial assistance include all grants, contracts, and similar agreements entered into directly with the federal or state government and other pass-through entities. Hibiscus has obtained Catalog of Federal Domestic assistance (CFDA) numbers and Catalog of State Financial Assistance (CSFA) numbers to ensure that all programs have been identified in the schedules.
Note B – Basis of Accounting
The Schedules were prepared on the accrual basis of accounting.
Note C – Contingency
Amounts received or receivable from grantor agencies are subject to audit and adjustment by those agencies. Any disallowed claims, including amounts already received, might constitute a liability of Hibiscus for the return of those funds.
Note D – Indirect Cost Rate
Hibiscus has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Note E – Subrecipients
Hibiscus has not provided any funds to subrecipients.
Note F – Other Disclosures
The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Financial Assistance includes federal and state expenditures awarded by more than one pass-through agency or under more than one contract.
De Minimis Rate Used: N
Rate Explanation: Hibiscus has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The Schedules were prepared on the accrual basis of accounting.
Title: Note C – Contingency
Accounting Policies: Note A – Basis of Presentation
The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Financial Assistance (the schedules) includes the federal grant and state award activity of Hibiscus Children’s Center, Inc. (Hibiscus) and is presented on the accrual basis of accounting. 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, Chapter 10.650, and Rules of the Auditor General. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
For purposes of the Schedules, federal awards and state financial assistance include all grants, contracts, and similar agreements entered into directly with the federal or state government and other pass-through entities. Hibiscus has obtained Catalog of Federal Domestic assistance (CFDA) numbers and Catalog of State Financial Assistance (CSFA) numbers to ensure that all programs have been identified in the schedules.
Note B – Basis of Accounting
The Schedules were prepared on the accrual basis of accounting.
Note C – Contingency
Amounts received or receivable from grantor agencies are subject to audit and adjustment by those agencies. Any disallowed claims, including amounts already received, might constitute a liability of Hibiscus for the return of those funds.
Note D – Indirect Cost Rate
Hibiscus has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Note E – Subrecipients
Hibiscus has not provided any funds to subrecipients.
Note F – Other Disclosures
The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Financial Assistance includes federal and state expenditures awarded by more than one pass-through agency or under more than one contract.
De Minimis Rate Used: N
Rate Explanation: Hibiscus has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Amounts received or receivable from grantor agencies are subject to audit and adjustment by those agencies. Any disallowed claims, including amounts already received, might constitute a liability of Hibiscus for the return of those funds.
Title: Note D – Indirect Cost Rate
Accounting Policies: Note A – Basis of Presentation
The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Financial Assistance (the schedules) includes the federal grant and state award activity of Hibiscus Children’s Center, Inc. (Hibiscus) and is presented on the accrual basis of accounting. 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, Chapter 10.650, and Rules of the Auditor General. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
For purposes of the Schedules, federal awards and state financial assistance include all grants, contracts, and similar agreements entered into directly with the federal or state government and other pass-through entities. Hibiscus has obtained Catalog of Federal Domestic assistance (CFDA) numbers and Catalog of State Financial Assistance (CSFA) numbers to ensure that all programs have been identified in the schedules.
Note B – Basis of Accounting
The Schedules were prepared on the accrual basis of accounting.
Note C – Contingency
Amounts received or receivable from grantor agencies are subject to audit and adjustment by those agencies. Any disallowed claims, including amounts already received, might constitute a liability of Hibiscus for the return of those funds.
Note D – Indirect Cost Rate
Hibiscus has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Note E – Subrecipients
Hibiscus has not provided any funds to subrecipients.
Note F – Other Disclosures
The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Financial Assistance includes federal and state expenditures awarded by more than one pass-through agency or under more than one contract.
De Minimis Rate Used: N
Rate Explanation: Hibiscus has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Hibiscus has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Note E – Subrecipients
Accounting Policies: Note A – Basis of Presentation
The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Financial Assistance (the schedules) includes the federal grant and state award activity of Hibiscus Children’s Center, Inc. (Hibiscus) and is presented on the accrual basis of accounting. 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, Chapter 10.650, and Rules of the Auditor General. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
For purposes of the Schedules, federal awards and state financial assistance include all grants, contracts, and similar agreements entered into directly with the federal or state government and other pass-through entities. Hibiscus has obtained Catalog of Federal Domestic assistance (CFDA) numbers and Catalog of State Financial Assistance (CSFA) numbers to ensure that all programs have been identified in the schedules.
Note B – Basis of Accounting
The Schedules were prepared on the accrual basis of accounting.
Note C – Contingency
Amounts received or receivable from grantor agencies are subject to audit and adjustment by those agencies. Any disallowed claims, including amounts already received, might constitute a liability of Hibiscus for the return of those funds.
Note D – Indirect Cost Rate
Hibiscus has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Note E – Subrecipients
Hibiscus has not provided any funds to subrecipients.
Note F – Other Disclosures
The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Financial Assistance includes federal and state expenditures awarded by more than one pass-through agency or under more than one contract.
De Minimis Rate Used: N
Rate Explanation: Hibiscus has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Hibiscus has not provided any funds to subrecipients.
Title: Note F – Other Disclosures
Accounting Policies: Note A – Basis of Presentation
The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Financial Assistance (the schedules) includes the federal grant and state award activity of Hibiscus Children’s Center, Inc. (Hibiscus) and is presented on the accrual basis of accounting. 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, Chapter 10.650, and Rules of the Auditor General. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
For purposes of the Schedules, federal awards and state financial assistance include all grants, contracts, and similar agreements entered into directly with the federal or state government and other pass-through entities. Hibiscus has obtained Catalog of Federal Domestic assistance (CFDA) numbers and Catalog of State Financial Assistance (CSFA) numbers to ensure that all programs have been identified in the schedules.
Note B – Basis of Accounting
The Schedules were prepared on the accrual basis of accounting.
Note C – Contingency
Amounts received or receivable from grantor agencies are subject to audit and adjustment by those agencies. Any disallowed claims, including amounts already received, might constitute a liability of Hibiscus for the return of those funds.
Note D – Indirect Cost Rate
Hibiscus has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Note E – Subrecipients
Hibiscus has not provided any funds to subrecipients.
Note F – Other Disclosures
The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Financial Assistance includes federal and state expenditures awarded by more than one pass-through agency or under more than one contract.
De Minimis Rate Used: N
Rate Explanation: Hibiscus has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Financial Assistance includes federal and state expenditures awarded by more than one pass-through agency or under more than one contract.