Notes to SEFA
Title: Note 1. 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. The Orange Grove Center, Inc. and
Associated Organizations have elected not to use the 10-percent de minimis indirect cost rate allowed under the
Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: did not elect to use the de minimis cost rate
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity
of The Orange Grove Center, Inc. and Associated Organizations under programs of the federal government
for the year ended June 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). Therefore, some amounts presented in this
Schedule may differ from amounts presented in, or used in the preparation of, the combined basic financial
statements.
Title: Note 2. 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 as to reimbursement. The Orange Grove Center, Inc. and
Associated Organizations have elected not to use the 10-percent de minimis indirect cost rate allowed under the
Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: did not elect to use the de minimis cost rate
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. The Orange Grove Center, Inc. and
Associated Organizations have elected not to use the 10-percent de minimis indirect cost rate allowed under the
Uniform Guidance.
Title: Note 3. U.S. Department of Housing and Urban Development
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. The Orange Grove Center, Inc. and
Associated Organizations have elected not to use the 10-percent de minimis indirect cost rate allowed under the
Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: did not elect to use the de minimis cost rate
The Orange Grove Center, Inc. and Associated Organizations has received U.S. Department of Housing and
Urban Development capital advances. The balances are included in the federal expenditures presented in the
Schedule. The Organization received no additional funds during the year.