Title: 1. BASIS OF PRESENTATION
Accounting Policies: 1. BASIS OF PRESENTATION - The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of Developmental Opportunities dba Starpoint (Starpoint) under programs of the Federal government for the year ended June 30, 2022. The information 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). Because the schedule presents only a selected portion of the operations of Starpoint, it is not intended to and does not present the consolidated financial position, changes in net assets or cash flows of Starpoint.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Expenditures reported in the schedule are reported on the accrual basis of accounting. No Federal financial assistance has been provided to a subrecipient. When applicable, 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.
3. INDIRECT COST RATE - Starpoint does not draw for indirect administrative expenses and has not elected to use the 10% de minimus cost rate.
4. PROVIDER RELIEF FUNDS - Starpoint received amounts from the U.S. Department of Health and Human Services (HHS) through the Provider Relief Fund (PRF) program (Federal Financial Assistance Listing/CFDA #93.498) during the year ended June 30, 2021. Starpoint did not incur eligible expenditures and, therefore, did not recognize revenues for the year ended June 30, 2022 in the financial statements. In accordance with the compliance supplement addendum, Starpoint has not yet recognized any PRF expenditures on the schedule based on the reporting to HHS for the period ending June 30, 2022, as required under the PRF program. These expenditures will be included in Starpoint’s fiscal year 2023 schedule.
De Minimis Rate Used: N
Rate Explanation: Starpoint does not draw for indirect administrative expenses and has not elected to use the 10% de
minimus cost rate.
The accompanying schedule of expenditures of federal awards (the schedule) includes the federal
award activity of Developmental Opportunities dba Starpoint (Starpoint) under programs of the
Federal government for the year ended June 30, 2022. The information 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).
Because the schedule presents only a selected portion of the operations of Starpoint, it is not
intended to and does not present the consolidated financial position, changes in net assets or cash
flows of Starpoint.
Title: 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: 1. BASIS OF PRESENTATION - The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of Developmental Opportunities dba Starpoint (Starpoint) under programs of the Federal government for the year ended June 30, 2022. The information 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). Because the schedule presents only a selected portion of the operations of Starpoint, it is not intended to and does not present the consolidated financial position, changes in net assets or cash flows of Starpoint.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Expenditures reported in the schedule are reported on the accrual basis of accounting. No Federal financial assistance has been provided to a subrecipient. When applicable, 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.
3. INDIRECT COST RATE - Starpoint does not draw for indirect administrative expenses and has not elected to use the 10% de minimus cost rate.
4. PROVIDER RELIEF FUNDS - Starpoint received amounts from the U.S. Department of Health and Human Services (HHS) through the Provider Relief Fund (PRF) program (Federal Financial Assistance Listing/CFDA #93.498) during the year ended June 30, 2021. Starpoint did not incur eligible expenditures and, therefore, did not recognize revenues for the year ended June 30, 2022 in the financial statements. In accordance with the compliance supplement addendum, Starpoint has not yet recognized any PRF expenditures on the schedule based on the reporting to HHS for the period ending June 30, 2022, as required under the PRF program. These expenditures will be included in Starpoint’s fiscal year 2023 schedule.
De Minimis Rate Used: N
Rate Explanation: Starpoint does not draw for indirect administrative expenses and has not elected to use the 10% de
minimus cost rate.
Expenditures reported in the schedule are reported on the accrual basis of accounting. No Federal
financial assistance has been provided to a subrecipient. When applicable, 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.
Title: 3. INDIRECT COST RATE
Accounting Policies: 1. BASIS OF PRESENTATION - The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of Developmental Opportunities dba Starpoint (Starpoint) under programs of the Federal government for the year ended June 30, 2022. The information 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). Because the schedule presents only a selected portion of the operations of Starpoint, it is not intended to and does not present the consolidated financial position, changes in net assets or cash flows of Starpoint.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Expenditures reported in the schedule are reported on the accrual basis of accounting. No Federal financial assistance has been provided to a subrecipient. When applicable, 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.
3. INDIRECT COST RATE - Starpoint does not draw for indirect administrative expenses and has not elected to use the 10% de minimus cost rate.
4. PROVIDER RELIEF FUNDS - Starpoint received amounts from the U.S. Department of Health and Human Services (HHS) through the Provider Relief Fund (PRF) program (Federal Financial Assistance Listing/CFDA #93.498) during the year ended June 30, 2021. Starpoint did not incur eligible expenditures and, therefore, did not recognize revenues for the year ended June 30, 2022 in the financial statements. In accordance with the compliance supplement addendum, Starpoint has not yet recognized any PRF expenditures on the schedule based on the reporting to HHS for the period ending June 30, 2022, as required under the PRF program. These expenditures will be included in Starpoint’s fiscal year 2023 schedule.
De Minimis Rate Used: N
Rate Explanation: Starpoint does not draw for indirect administrative expenses and has not elected to use the 10% de
minimus cost rate.
Starpoint does not draw for indirect administrative expenses and has not elected to use the 10% de
minimus cost rate.
Title: 4. PROVIDER RELIEF FUNDS
Accounting Policies: 1. BASIS OF PRESENTATION - The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of Developmental Opportunities dba Starpoint (Starpoint) under programs of the Federal government for the year ended June 30, 2022. The information 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). Because the schedule presents only a selected portion of the operations of Starpoint, it is not intended to and does not present the consolidated financial position, changes in net assets or cash flows of Starpoint.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Expenditures reported in the schedule are reported on the accrual basis of accounting. No Federal financial assistance has been provided to a subrecipient. When applicable, 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.
3. INDIRECT COST RATE - Starpoint does not draw for indirect administrative expenses and has not elected to use the 10% de minimus cost rate.
4. PROVIDER RELIEF FUNDS - Starpoint received amounts from the U.S. Department of Health and Human Services (HHS) through the Provider Relief Fund (PRF) program (Federal Financial Assistance Listing/CFDA #93.498) during the year ended June 30, 2021. Starpoint did not incur eligible expenditures and, therefore, did not recognize revenues for the year ended June 30, 2022 in the financial statements. In accordance with the compliance supplement addendum, Starpoint has not yet recognized any PRF expenditures on the schedule based on the reporting to HHS for the period ending June 30, 2022, as required under the PRF program. These expenditures will be included in Starpoint’s fiscal year 2023 schedule.
De Minimis Rate Used: N
Rate Explanation: Starpoint does not draw for indirect administrative expenses and has not elected to use the 10% de
minimus cost rate.
Starpoint received amounts from the U.S. Department of Health and Human Services (HHS) through
the Provider Relief Fund (PRF) program (Federal Financial Assistance Listing/CFDA #93.498) during
the year ended June 30, 2021. Starpoint did not incur eligible expenditures and, therefore, did not
recognize revenues for the year ended June 30, 2022 in the financial statements. In accordance with
the compliance supplement addendum, Starpoint has not yet recognized any PRF expenditures on
the schedule based on the reporting to HHS for the period ending June 30, 2022, as required under
the PRF program. These expenditures will be included in Starpoint’s fiscal year 2023 schedule.