Notes to SEFA
Title: Basis of Presentation
Accounting Policies: The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs administered by Wills Eye Hospital for the year ended June 30, 2022. Expenditures are reported on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Wills Eye Hospital elected not to utilize the 10% de minimus indirect cost rate discussed in Uniform Guidance section 200.414. Indirect costs are determined as agreed upon with Wills Eye Hospital’s cognizant agency.
The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs administered by Wills Eye Hospital for the year ended June 30, 2022. Expenditures are reported on the accrual basis of accounting.
Title: Indirect Cost Rate
Accounting Policies: The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs administered by Wills Eye Hospital for the year ended June 30, 2022. Expenditures are reported on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Wills Eye Hospital elected not to utilize the 10% de minimus indirect cost rate discussed in Uniform Guidance section 200.414. Indirect costs are determined as agreed upon with Wills Eye Hospital’s cognizant agency.
Wills Eye Hospital elected not to utilize the 10% de minimus indirect cost rate discussed in Uniform Guidance section 200.414. Indirect costs are determined as agreed upon with Wills Eye Hospital’s cognizant agency.
Title: Provider Relief Fund
Accounting Policies: The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs administered by Wills Eye Hospital for the year ended June 30, 2022. Expenditures are reported on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Wills Eye Hospital elected not to utilize the 10% de minimus indirect cost rate discussed in Uniform Guidance section 200.414. Indirect costs are determined as agreed upon with Wills Eye Hospital’s cognizant agency.
The Provider Relief Fund expenditures reported on the Schedule include the payments received from July 1, 2020 – June 30, 2021 and include the following providers: See the Notes to the SEFA for chart/table.