Title: Note 1 - Basis of Presentation
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant
activities of Children's Oral Health Network of Maine under the programs of the federal government for the
year ended December 31, 2024. 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 of Federal Awards (Uniform Guidance). Because
the schedule presents only a selected portion of the operations of Children's Oral Health Network of Maine,
it is not intended to and does not present the financial position, changes in net assets or cash flows of
Children's Oral Health Network of Maine.
De Minimis Rate Used: Y
Rate Explanation: USED 10%
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant
activities of Children's Oral Health Network of Maine under the programs of the federal government for the
year ended December 31, 2024. 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 of Federal Awards (Uniform Guidance). Because
the schedule presents only a selected portion of the operations of Children's Oral Health Network of Maine,
it is not intended to and does not present the financial position, changes in net assets or cash flows of
Children's Oral Health Network of Maine.
Title: Note 2 - Summary of Significant Accounting Policies
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant
activities of Children's Oral Health Network of Maine under the programs of the federal government for the
year ended December 31, 2024. 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 of Federal Awards (Uniform Guidance). Because
the schedule presents only a selected portion of the operations of Children's Oral Health Network of Maine,
it is not intended to and does not present the financial position, changes in net assets or cash flows of
Children's Oral Health Network of Maine.
De Minimis Rate Used: Y
Rate Explanation: USED 10%
Expenditures 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 are limited as to reimbursement. Pass-through entity identifying numbers
are presented where available.
Title: Note 3 - Subrecipient Agreements
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant
activities of Children's Oral Health Network of Maine under the programs of the federal government for the
year ended December 31, 2024. 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 of Federal Awards (Uniform Guidance). Because
the schedule presents only a selected portion of the operations of Children's Oral Health Network of Maine,
it is not intended to and does not present the financial position, changes in net assets or cash flows of
Children's Oral Health Network of Maine.
De Minimis Rate Used: Y
Rate Explanation: USED 10%
Of the expenditures presented in the Schedule of Expenditures of Department Agreements, Children's Oral
Health Network of Maine provided awards to subrecipients in the amount of $296,764, $99,156, $91,339
and $13,851 from Coronavirus State and Local Fiscal Recovery Funds (award number Case ID 30202),
Oral Health Navigator (award number ME 12A20221207*1594), Community Project
Funding/Congressionally Directed Spending- Non-construction (award number 4 GE1HSA47002-01-04),
and Rural Northern Border Region Outreach Program (award number 6 G59RH53709-01-01), respectively.
Title: Note 4 - Indirect Cost Rate
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant
activities of Children's Oral Health Network of Maine under the programs of the federal government for the
year ended December 31, 2024. 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 of Federal Awards (Uniform Guidance). Because
the schedule presents only a selected portion of the operations of Children's Oral Health Network of Maine,
it is not intended to and does not present the financial position, changes in net assets or cash flows of
Children's Oral Health Network of Maine.
De Minimis Rate Used: Y
Rate Explanation: USED 10%
Children's Oral Health Network of Maine has elected to use the 10% de minimis indirect cost rate as
allowed under the Uniform Guidance.