Title: SIGNIFICANT ACCOUNTING PRINCIPLES
Accounting Policies: activity of Institute for Population Health, Inc. (the Agency) and is presented on the same basis of accounting as the financial statements. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). In addition, expenditures reported on the schedule are recognized following the federal cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Because the schedule presents only a selected portion of the operations of the Agency, it is not intended to and does not present the financial position, change in net position or cash flows of the Agency.
De Minimis Rate Used: Y
Rate Explanation: The Agency has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
activity of Institute for Population Health, Inc. (the Agency) and is presented on the same basis of accounting as the financial statements. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). In addition, expenditures reported on the schedule are recognized following the federal cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Because the schedule presents only a selected portion of the operations of the Agency, it is not intended to and does not present the financial position, change in net position or cash flows of the Agency.
Title: INDIRECT COST RATE
Accounting Policies: activity of Institute for Population Health, Inc. (the Agency) and is presented on the same basis of accounting as the financial statements. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). In addition, expenditures reported on the schedule are recognized following the federal cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Because the schedule presents only a selected portion of the operations of the Agency, it is not intended to and does not present the financial position, change in net position or cash flows of the Agency.
De Minimis Rate Used: Y
Rate Explanation: The Agency has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Agency has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: SUBSEQUENT EVENTS
Accounting Policies: activity of Institute for Population Health, Inc. (the Agency) and is presented on the same basis of accounting as the financial statements. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). In addition, expenditures reported on the schedule are recognized following the federal cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Because the schedule presents only a selected portion of the operations of the Agency, it is not intended to and does not present the financial position, change in net position or cash flows of the Agency.
De Minimis Rate Used: Y
Rate Explanation: The Agency has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
All subsequent events related to the major programs were evaluated through June 30, 2025, the date the accompanying reports were available to be issued. No significant event was noted that required adjustment or disclosure in the report.