Title: 1. Basis of Presentation
Accounting Policies: 1. Basis of Presentation
The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of Hawaiʻi Pacific Health and is presented on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America, except for milestone grants in the research and development cluster, which are recorded on the on the SEFA based on the cash basis as milestone payments are received. The information on 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 (the Uniform Guidance). The SEFA includes federal awards subject to the requirements of the Uniform Guidance. Because the SEFA presents only a selected portion of the operations of Hawaiʻi Pacific Health, it is not intended to and does not present the financial position, results of operations and changes in net assets, or cash flows of Hawaiʻi Pacific Health.
De Minimis Rate Used: N
Rate Explanation: 2. Indirect Costs
Hawaiʻi Pacific Health does not use the 10% de minimis indirect cost rate provided for in the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of Hawaiʻi Pacific Health and is presented on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America, except for milestone grants in the research and development cluster, which are recorded on the on the SEFA based on the cash basis as milestone payments are received. The information on 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 (the Uniform Guidance). The SEFA includes federal awards subject to the requirements of the Uniform Guidance. Because the SEFA presents only a selected portion of the operations of Hawaiʻi Pacific Health, it is not intended to and does not present the financial position, results of operations and changes in net assets, or cash flows of Hawaiʻi Pacific Health.
Title: 2. Indirect Costs
Accounting Policies: 1. Basis of Presentation
The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of Hawaiʻi Pacific Health and is presented on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America, except for milestone grants in the research and development cluster, which are recorded on the on the SEFA based on the cash basis as milestone payments are received. The information on 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 (the Uniform Guidance). The SEFA includes federal awards subject to the requirements of the Uniform Guidance. Because the SEFA presents only a selected portion of the operations of Hawaiʻi Pacific Health, it is not intended to and does not present the financial position, results of operations and changes in net assets, or cash flows of Hawaiʻi Pacific Health.
De Minimis Rate Used: N
Rate Explanation: 2. Indirect Costs
Hawaiʻi Pacific Health does not use the 10% de minimis indirect cost rate provided for in the Uniform Guidance.
Hawaiʻi Pacific Health does not use the 10% de minimis indirect cost rate provided for in the Uniform Guidance.
Title: 3. Disaster Grants – Public Assistance (Presidentially Declared Disasters)
Accounting Policies: 1. Basis of Presentation
The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of Hawaiʻi Pacific Health and is presented on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America, except for milestone grants in the research and development cluster, which are recorded on the on the SEFA based on the cash basis as milestone payments are received. The information on 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 (the Uniform Guidance). The SEFA includes federal awards subject to the requirements of the Uniform Guidance. Because the SEFA presents only a selected portion of the operations of Hawaiʻi Pacific Health, it is not intended to and does not present the financial position, results of operations and changes in net assets, or cash flows of Hawaiʻi Pacific Health.
De Minimis Rate Used: N
Rate Explanation: 2. Indirect Costs
Hawaiʻi Pacific Health does not use the 10% de minimis indirect cost rate provided for in the Uniform Guidance.
In fiscal year 2024, Hawaiʻi Pacific Health received approval from the Federal Emergency Management Agency related to the reimbursement of eligible expenditures of $15,657,336 incurred in previous fiscal years. These expenditures are included in the SEFA in the current year in accordance with guidance provided by the Department of Homeland Security.