Notes to SEFA
Title: Note 1 - Basis of Presentation
Accounting Policies: 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
are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: ORG has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal grant activity of
Orlando Rehabilitation Group, Inc. (“ORG”) under a program of the federal government for the year ended March 31, 2025.
The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulations, Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards
(Uniform Guidance). Because the Schedule presents only a selected portion of the operations of ORG, it is not intended
to, and does not, present the financial position, changes in net assets, or cash flows of ORG.
Title: Note 2 - Summary of Significant Accounting Policies
Accounting Policies: 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
are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: ORG has not elected to use the 10% de minimis indirect cost rate 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
are limited as to reimbursement.
Title: Note 3 - Indirect Cost Rate
Accounting Policies: 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
are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: ORG has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
ORG has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Note 4 - Federal Loan Programs
Accounting Policies: 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
are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: ORG has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The federal loan programs listed subsequently are administered directly by ORG, and balances and transactions relating to
these programs are included in ORG's financial statements. Loans outstanding at the beginning of the year and loans
made during the year are included in the federal expenditures presented in the Schedule. The balance of loans outstanding
at March 31, 2025 consists of: Mortgage Insurance Nursing $ 27,050,093
Home Intermediate Care
Facilities,
Board and Care Homes, and
Assisted Living Facilities
Program Name
Outstanding Balance at
March 31, 2025
Assistance Listing Number
14.129