Notes to SEFA
Title: OTHER EXPENDITURES
Accounting Policies: The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of Cerebral Palsy Research Foundation of Kansas, Inc. 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations. Because the schedule presents only a selected portion of the operations of the Foundation, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Foundation. Expenditures reported on the schedule are presented in accordance with the budgetary basis of accounting, which is a basis of accounting other than accounting principles generally accepted in the United States of America. Such expenditures are recognized following the cost principles contained in the Uniform Guidance cost principles, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Foundation has elected not to use the 10% de minimis cost rate allowed under Section 200.414(f) of the Uniform Guidance.
The Foundation did not receive any federal awards in the form of noncash assistance, insurance, loans, or loan guarantees and incurred no expenditures in relation thereof for the year ended June 30, 2024.
Title: PROJECT DISBURSEMENTS
Accounting Policies: The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of Cerebral Palsy Research Foundation of Kansas, Inc. 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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations. Because the schedule presents only a selected portion of the operations of the Foundation, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Foundation. Expenditures reported on the schedule are presented in accordance with the budgetary basis of accounting, which is a basis of accounting other than accounting principles generally accepted in the United States of America. Such expenditures are recognized following the cost principles contained in the Uniform Guidance cost principles, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The Foundation has elected not to use the 10% de minimis cost rate allowed under Section 200.414(f) of the Uniform Guidance.
The U.S. Department of Housing and Urban Development requires a separate audit on the transactions of the Timbers Project Number 102-EH001-L8-NP-WHC. An independent audit of The Timbers was issued and dated September 20, 2024. The revenues and expenditures are found in the Detailed Schedule of Program Support, Revenues and Expenses Summary by Division supplementary schedule. For the purposes of the Schedule of Expenditures of Federal and State Awards, the project's disbursements include the following: Operating Payments $651,593, Funding of Reserve for Replacements $28,794, Total Project Disbursements $680,387.