Title: Basis of presentation
Accounting Policies: 1. Basis of presentation
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the expenditures on
an accrual basis of Community House Mental Health Agency and Subsidiaries under programs of the federal
government for the year ended December 31, 2024. The information in the Schedule is presented in accordance
with the requirements of Uniform Administrative Requirements, Cost Principles and Audit Requirements for
Federal Awards. Therefore, some amounts presented in the Schedule may differ from amounts presented in, or
used in the preparation of the basic consolidated financial statements.
For purposes of the Schedule, federal awards include all sub awards to the Organization by nonfederal
organizations pursuant to federal grants, contracts and similar agreements.
2. Summary of significant accounting policies
Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are
recognized following the cost principles contained in Uniform Administrative Requirements, Cost Principles and
Audit Requirements for Federal Awards; wherein certain types of expenditures are not allowed. Assistance
Listing numbers (“AL No.”) are provided when available.
The Organization elected not to use the 10% de minimis indirect cost rate.
3. Outstanding federal loans
The following represents the amount of outstanding loans identified by AL No. All loans are provided by HUD
and are included in the Schedule.
AL No. Program title Total outstanding loans
14.129 Mortgage Insurance $ 804,500
14.129 Mortgage Insurance $ 828,924
De Minimis Rate Used: N
Rate Explanation: The Organization elected not to use the 10% de minimis indirect cost rate.
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the expenditures on
an accrual basis of Community House Mental Health Agency and Subsidiaries under programs of the federal
government for the year ended December 31, 2024. The information in the Schedule is presented in accordance
with the requirements of Uniform Administrative Requirements, Cost Principles and Audit Requirements for
Federal Awards. Therefore, some amounts presented in the Schedule may differ from amounts presented in, or
used in the preparation of the basic consolidated financial statements.
For purposes of the Schedule, federal awards include all sub awards to the Organization by nonfederal
organizations pursuant to federal grants, contracts and similar agreements.
Title: Summary of significant accounting policies
Accounting Policies: 1. Basis of presentation
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the expenditures on
an accrual basis of Community House Mental Health Agency and Subsidiaries under programs of the federal
government for the year ended December 31, 2024. The information in the Schedule is presented in accordance
with the requirements of Uniform Administrative Requirements, Cost Principles and Audit Requirements for
Federal Awards. Therefore, some amounts presented in the Schedule may differ from amounts presented in, or
used in the preparation of the basic consolidated financial statements.
For purposes of the Schedule, federal awards include all sub awards to the Organization by nonfederal
organizations pursuant to federal grants, contracts and similar agreements.
2. Summary of significant accounting policies
Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are
recognized following the cost principles contained in Uniform Administrative Requirements, Cost Principles and
Audit Requirements for Federal Awards; wherein certain types of expenditures are not allowed. Assistance
Listing numbers (“AL No.”) are provided when available.
The Organization elected not to use the 10% de minimis indirect cost rate.
3. Outstanding federal loans
The following represents the amount of outstanding loans identified by AL No. All loans are provided by HUD
and are included in the Schedule.
AL No. Program title Total outstanding loans
14.129 Mortgage Insurance $ 804,500
14.129 Mortgage Insurance $ 828,924
De Minimis Rate Used: N
Rate Explanation: The Organization elected not to use the 10% de minimis indirect cost rate.
Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are
recognized following the cost principles contained in Uniform Administrative Requirements, Cost Principles and
Audit Requirements for Federal Awards; wherein certain types of expenditures are not allowed. Assistance
Listing numbers (“AL No.”) are provided when available.
The Organization elected not to use the 10% de minimis indirect cost rate.
Title: Outstanding federal loans
Accounting Policies: 1. Basis of presentation
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the expenditures on
an accrual basis of Community House Mental Health Agency and Subsidiaries under programs of the federal
government for the year ended December 31, 2024. The information in the Schedule is presented in accordance
with the requirements of Uniform Administrative Requirements, Cost Principles and Audit Requirements for
Federal Awards. Therefore, some amounts presented in the Schedule may differ from amounts presented in, or
used in the preparation of the basic consolidated financial statements.
For purposes of the Schedule, federal awards include all sub awards to the Organization by nonfederal
organizations pursuant to federal grants, contracts and similar agreements.
2. Summary of significant accounting policies
Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are
recognized following the cost principles contained in Uniform Administrative Requirements, Cost Principles and
Audit Requirements for Federal Awards; wherein certain types of expenditures are not allowed. Assistance
Listing numbers (“AL No.”) are provided when available.
The Organization elected not to use the 10% de minimis indirect cost rate.
3. Outstanding federal loans
The following represents the amount of outstanding loans identified by AL No. All loans are provided by HUD
and are included in the Schedule.
AL No. Program title Total outstanding loans
14.129 Mortgage Insurance $ 804,500
14.129 Mortgage Insurance $ 828,924
De Minimis Rate Used: N
Rate Explanation: The Organization elected not to use the 10% de minimis indirect cost rate.
The following represents the amount of outstanding loans identified by AL No. All loans are provided by HUD
and are included in the Schedule.
AL No. Program title Total outstanding loans
14.129 Mortgage Insurance $ 804,500
14.129 Mortgage Insurance $ 828,924