Notes to SEFA
Title: NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Jewish Board of Family and Childrens Services, Inc. (The Jewish Board) 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 The Jewish Board, it is not intended to and does not present the financial position, changes in net assets or cash flows of The Jewish Board
De Minimis Rate Used: N
Rate Explanation: The Jewish Board has a federal approved indirect cost rate and therefore does not use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
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 limited as to reimbursement.
Title: NOTE 3 - SUBRECIPIENTS
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Jewish Board of Family and Childrens Services, Inc. (The Jewish Board) 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 The Jewish Board, it is not intended to and does not present the financial position, changes in net assets or cash flows of The Jewish Board
De Minimis Rate Used: N
Rate Explanation: The Jewish Board has a federal approved indirect cost rate and therefore does not use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
There were no payments made to sub-recipients from federal awards expended during the year ended June 30, 2022.
Title: NOTE 4 - PROVIDER RELIEF FUNDS
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Jewish Board of Family and Childrens Services, Inc. (The Jewish Board) 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 The Jewish Board, it is not intended to and does not present the financial position, changes in net assets or cash flows of The Jewish Board
De Minimis Rate Used: N
Rate Explanation: The Jewish Board has a federal approved indirect cost rate and therefore does not use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Jewish Board received Provider Relied Funds during 2021 which were spent in 2022. The amounts received from Period 2 (July 1, 2020 to December 31, 2020) are reported on the Schedule for the year ended June 30, 2022.The amounts reported in the Schedule for the COVID-19-Provider Relief Funds is based on the Department of Health and Human Services reporting requirements.