Notes to SEFA
Title: Basis of Presentation
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 the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited in reimbursement.
De Minimis Rate Used: Y
Rate Explanation: The Center for Health Affairs and subsidiaries have elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The de minimis indirect cost rate was increased by the Office of Management and budget to 15%, for all awards issued after
October 1, 2024.
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal grant activity of The Center for Health Affairs and subsidiaries ("The Center") under programs of the federal government for the year ended December 31, 2024. The information in this Schedule is presented in accrodance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Adminustrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the "Uniform Guidance"). Because the Schedule presents only a selected portion of the operations of The Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of The Center.
Title: Summary of Significant Accounting Policies
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 the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited in reimbursement.
De Minimis Rate Used: Y
Rate Explanation: The Center for Health Affairs and subsidiaries have elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The de minimis indirect cost rate was increased by the Office of Management and budget to 15%, for all awards issued after
October 1, 2024.
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 in reimbursement.
Title: Indirect Cost Rate
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 the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited in reimbursement.
De Minimis Rate Used: Y
Rate Explanation: The Center for Health Affairs and subsidiaries have elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The de minimis indirect cost rate was increased by the Office of Management and budget to 15%, for all awards issued after
October 1, 2024.
The Center for Health Affairs and subsidiaries have elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. The de minimis indirect cost rate was increased by the Office of Management and budget to 15%, for all awards issued after
October 1, 2024.