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 where certain types of expenditures
are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Oakland Integrated Healthcare Network d/b/a Honor Community Health has not elected to use the 10 percent
de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award
activity of Oakland Integrated Healthcare Network d/b/a Honor Community Health under programs of the
federal government for the year ended September 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). Because the
Schedule presents only a selected portion of the operations of Oakland Integrated Healthcare Network d/b/a
Honor Community Health, it is not intended to and does not present the financial position, changes in net
assets, or cash flows of Oakland Integrated Healthcare Network d/b/a Honor Community Health.
Title: Subrecipients
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 where certain types of expenditures
are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Oakland Integrated Healthcare Network d/b/a Honor Community Health has not elected to use the 10 percent
de minimis indirect cost rate as allowed under the Uniform Guidance.
No amounts were provided to subrecipients.
Title: Reconciliation to the 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 the Uniform Guidance where certain types of expenditures
are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Oakland Integrated Healthcare Network d/b/a Honor Community Health has not elected to use the 10 percent
de minimis indirect cost rate as allowed under the Uniform Guidance.
Federal revenues are recorded in grants and contracts revenue on the Statement of Operations as follows:
Federal grants $ 6,704,636
Other grants and contracts 10,417,112
Grants and contracts revenue $ 17,121,748