Notes to SEFA
Accounting Policies: BASIS OF PRESENTATION: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of Integrated Services for Behavioral Health, Inc. and Subsidiaries under programs of the federal government 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 (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Integrated Services for Behavioral Health, Inc. and Subsidiaries, it is not intended to and does not present the financial position, change in net assets, or cash flows of the Organization. SIGNIFICANT ACCOUNTING POLICIES: (1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. (2) Integrated Services for Behavioral Health, Inc. and Subsidiaries has elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. (3) There were no amounts passed through to sub-recipients for the year ended June 30, 2024.
De Minimis Rate Used: Y
Rate Explanation: Integrated Services for Behavioral Health, Inc. and Subsidiaries has elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.