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 as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization 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 The Childrens Center of Hamden, Inc. (the Organization) under programs of the federal government for the year ended June 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part200, 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 the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
Title: COVID-19 Provider Relief Fund and American Rescue Plan (ARP)
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 as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
For the Health and Human Services (HHS) awards related to the Provider Relief Fund (PRF) and American Rescue Plan (ARP) Rural Distribution program, HHS has indicated that the amounts on the Schedule be reported corresponding to reporting requirements of the HRSA PRF Reporting Portal. Payments from HHS for PRF are assigned to Payment Received Periods (each, a Period) based upon the date each payment from the PRF was received. Each Period has a specified Period of Availability and timing of reporting requirements. Entities report into the HRSA PRF Reporting Portal after each Periods deadline to use the funds (i.e., after the end of the Period of Availability).The Schedule includes $397,580 of funds which includes $18,682 received from HHS between July 1, 2020 through December 31, 2020 and $378,898 received from HHS between January 1, 2021 to June 30, 2021. In accordance with guidance from HHS, these amounts are considered Period 2 and Period 3 funding, respectively. Such amounts were recognized in the fiscal year ended June 30, 2021 and June 30, 2022 as grant revenue in the year expensed in the financial statements. Provider Relief Funds of $18,682 related to Period 2 were included on the 2021 Schedule of Expenditures of Federal Awards (SEFA). Per guidance released by the U.S. Department of Health and Human Services in July 2021, recipients of Provider Relief Funds for Period 2 with a June year-end should have included those amounts in the 2022 SEFA only.