Notes to SEFA
Title: General Information
Accounting Policies: The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on a cash or modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards presents the activities in all the federal programs of Quality Care Resource & Referral Services, Inc. All financial assistance received directly from federal agencies as well as financial assistance passed through other governmental agencies are included on the schedule.
Title: Basis of Accounting
Accounting Policies: The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on a cash or modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on a cash or modified accrual basis of accounting.
Title: Relationship to Basic Financial Statements
Accounting Policies: The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on a cash or modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
Federal awards expenditures are reported on the statement of functional expenses as program services. In certain programs, the expenditures reported in the basic financial statements may differ from the expenditures reported on the Schedule of Expenditures of Federal Awards due to program expenditures exceeding grant or contract budget limitations or due to the application of accounting policies required under accounting principles generally accepted in the United States of America.
Title: Sub-Recipients
Accounting Policies: The accompanying schedule is presented on the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on a cash or modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
Of the federal expenditures presented in this schedule, no expenditures were used to provide federal awards to sub-recipients