Title: NOTE A - BASIS OF PRESENTATION
Accounting Policies: NOTE A - BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents activity of all federal awards programs of Centro de Servicios Primarios de Salud, Inc. All federal awards received directly from federal agencies, as well a federal award passed through other agencies to Centro de Servicios Primarios de Salud, Inc. are included in the accompanying schedules.
NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has elected not to use the 10 percent the minimis indirect cost rate allowed under the Uniform Guidance.
NOTE C - FEDERAL CFDA NUMBER
The Catalog of Federal Domestic Assistance (CFDA) Number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
NOTE D – PASS-TROUGH
No federal grant dollar has been passed-through to sub-recipient
NOTE E – RELATIONSHIP TO FINANCIAL STATEMENTS
Revenues and expenses of the Federal Awards programs are included in the Organization’s financial statements. The reconciliation between the expenses in the financial statements and expenditures in the Schedule of Expenditures of Federal Awards is as follows:
Expenses in the financial statements $ 11,426,379
Add: Capital expenditures in connection with
net assets with donor restrictions 31,625
Add: Prepaid expenses in connection with
net assets with donor restrictions 17,550
Less: Depreciation expenses in connection
with net assets with donor restrictions (87,476)
Less: Non-federal expenses (8,802,276)
Total Federal Expenditures $ 2,585,802
De Minimis Rate Used: N
Rate Explanation: NA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents activity of all federal awards programs of Centro de Servicios Primarios de Salud, Inc. All federal awards received directly from federal agencies, as well a federal award passed through other agencies to Centro de Servicios Primarios de Salud, Inc. are included in the accompanying schedules.
Title: NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: NOTE A - BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents activity of all federal awards programs of Centro de Servicios Primarios de Salud, Inc. All federal awards received directly from federal agencies, as well a federal award passed through other agencies to Centro de Servicios Primarios de Salud, Inc. are included in the accompanying schedules.
NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has elected not to use the 10 percent the minimis indirect cost rate allowed under the Uniform Guidance.
NOTE C - FEDERAL CFDA NUMBER
The Catalog of Federal Domestic Assistance (CFDA) Number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
NOTE D – PASS-TROUGH
No federal grant dollar has been passed-through to sub-recipient
NOTE E – RELATIONSHIP TO FINANCIAL STATEMENTS
Revenues and expenses of the Federal Awards programs are included in the Organization’s financial statements. The reconciliation between the expenses in the financial statements and expenditures in the Schedule of Expenditures of Federal Awards is as follows:
Expenses in the financial statements $ 11,426,379
Add: Capital expenditures in connection with
net assets with donor restrictions 31,625
Add: Prepaid expenses in connection with
net assets with donor restrictions 17,550
Less: Depreciation expenses in connection
with net assets with donor restrictions (87,476)
Less: Non-federal expenses (8,802,276)
Total Federal Expenditures $ 2,585,802
De Minimis Rate Used: N
Rate Explanation: NA
Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has elected not to use the 10 percent the minimis indirect cost rate allowed under the Uniform Guidance.
Title: NOTE C - FEDERAL CFDA NUMBER
Accounting Policies: NOTE A - BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents activity of all federal awards programs of Centro de Servicios Primarios de Salud, Inc. All federal awards received directly from federal agencies, as well a federal award passed through other agencies to Centro de Servicios Primarios de Salud, Inc. are included in the accompanying schedules.
NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has elected not to use the 10 percent the minimis indirect cost rate allowed under the Uniform Guidance.
NOTE C - FEDERAL CFDA NUMBER
The Catalog of Federal Domestic Assistance (CFDA) Number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
NOTE D – PASS-TROUGH
No federal grant dollar has been passed-through to sub-recipient
NOTE E – RELATIONSHIP TO FINANCIAL STATEMENTS
Revenues and expenses of the Federal Awards programs are included in the Organization’s financial statements. The reconciliation between the expenses in the financial statements and expenditures in the Schedule of Expenditures of Federal Awards is as follows:
Expenses in the financial statements $ 11,426,379
Add: Capital expenditures in connection with
net assets with donor restrictions 31,625
Add: Prepaid expenses in connection with
net assets with donor restrictions 17,550
Less: Depreciation expenses in connection
with net assets with donor restrictions (87,476)
Less: Non-federal expenses (8,802,276)
Total Federal Expenditures $ 2,585,802
De Minimis Rate Used: N
Rate Explanation: NA
The Catalog of Federal Domestic Assistance (CFDA) Number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
Title: NOTE D - PASS-THROUGH
Accounting Policies: NOTE A - BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents activity of all federal awards programs of Centro de Servicios Primarios de Salud, Inc. All federal awards received directly from federal agencies, as well a federal award passed through other agencies to Centro de Servicios Primarios de Salud, Inc. are included in the accompanying schedules.
NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has elected not to use the 10 percent the minimis indirect cost rate allowed under the Uniform Guidance.
NOTE C - FEDERAL CFDA NUMBER
The Catalog of Federal Domestic Assistance (CFDA) Number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
NOTE D – PASS-TROUGH
No federal grant dollar has been passed-through to sub-recipient
NOTE E – RELATIONSHIP TO FINANCIAL STATEMENTS
Revenues and expenses of the Federal Awards programs are included in the Organization’s financial statements. The reconciliation between the expenses in the financial statements and expenditures in the Schedule of Expenditures of Federal Awards is as follows:
Expenses in the financial statements $ 11,426,379
Add: Capital expenditures in connection with
net assets with donor restrictions 31,625
Add: Prepaid expenses in connection with
net assets with donor restrictions 17,550
Less: Depreciation expenses in connection
with net assets with donor restrictions (87,476)
Less: Non-federal expenses (8,802,276)
Total Federal Expenditures $ 2,585,802
De Minimis Rate Used: N
Rate Explanation: NA
No federal grant dollar has been passed-through to sub-recipient
Title: NOTE E - RELATIONSHIP TO FINANCIAL STATEMENTS
Accounting Policies: NOTE A - BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents activity of all federal awards programs of Centro de Servicios Primarios de Salud, Inc. All federal awards received directly from federal agencies, as well a federal award passed through other agencies to Centro de Servicios Primarios de Salud, Inc. are included in the accompanying schedules.
NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Organization has elected not to use the 10 percent the minimis indirect cost rate allowed under the Uniform Guidance.
NOTE C - FEDERAL CFDA NUMBER
The Catalog of Federal Domestic Assistance (CFDA) Number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
NOTE D – PASS-TROUGH
No federal grant dollar has been passed-through to sub-recipient
NOTE E – RELATIONSHIP TO FINANCIAL STATEMENTS
Revenues and expenses of the Federal Awards programs are included in the Organization’s financial statements. The reconciliation between the expenses in the financial statements and expenditures in the Schedule of Expenditures of Federal Awards is as follows:
Expenses in the financial statements $ 11,426,379
Add: Capital expenditures in connection with
net assets with donor restrictions 31,625
Add: Prepaid expenses in connection with
net assets with donor restrictions 17,550
Less: Depreciation expenses in connection
with net assets with donor restrictions (87,476)
Less: Non-federal expenses (8,802,276)
Total Federal Expenditures $ 2,585,802
De Minimis Rate Used: N
Rate Explanation: NA
Revenues and expenses of the Federal Awards programs are included in the Organization’s financial statements. The reconciliation between the expenses in the financial statements and expenditures in the Schedule of Expenditures of Federal Awards is as follows:Expenses in the financial statements $ 11,155,189
Add: Capital expenditures in connection with
net assets with donor restrictions 367,234
Less: Decrease in prepaid expenses in connection with
net assets with donor restrictions 17,550
Less: Depreciation expenses in connection
with net assets with donor restrictions (81,723)
Less: Non-federal expenses (8,953,967)
Total Federal Expenditures $ 2,469,273