Notes to SEFA
Title: Note C: Reconciliation to Statement of Activities in Financial Statements
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 2 CFR part 230, Costs Principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: BHSST has elected to not use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Total Expenditures of Federal Awards $ 4,808,136
Total Expenditures of State Awards 665,371
Other Contracts 394,321
Total Grants $ 5,867,828