Notes to SEFA
Title: NOTE 1 - GENERAL
Accounting Policies: The accompanying schedule of expenses of federal awards of the Council is presented on the accrual basis of accounting. 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 Audit Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: The Council allocates certain costs of administration and operations to programs based on a negotiated Indirect Cost Agreement. The Council received a provisional indirect cost rate of 39.5% from the Department of Health and Human Services for the year ended September 30, 2024. Accordingly, the Council has elected not to use the 10% de minimis indirect cost rate.
The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of Southern Indian Health Council, Inc. (the Council). The Council reporting entity is defined in Note 1 of the Council's financial statements. All federal awards received directly from federal agencies as well as federal awards passed through other government agencies are included on the schedule. When federal awards were received from a pass-through entity, the schedule of expenditures of federal awards shows, if available, the identifying number assigned by the pass-through entity.
Title: NOTE - 3 RELATIONSHIP TO THE FINANCIAL STATEMENTS
Accounting Policies: The accompanying schedule of expenses of federal awards of the Council is presented on the accrual basis of accounting. 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 Audit Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: The Council allocates certain costs of administration and operations to programs based on a negotiated Indirect Cost Agreement. The Council received a provisional indirect cost rate of 39.5% from the Department of Health and Human Services for the year ended September 30, 2024. Accordingly, the Council has elected not to use the 10% de minimis indirect cost rate.
The amounts reported in the accompanying schedule of expenditures of federal awards agree, in all material respects, to amounts reported within the Council's basic financial statements. Federal award revenues are reported principally in the Council's financial statements as grants and contracts revenue in the governmental funds.
Title: NOTE 4 - CLAIMS
Accounting Policies: The accompanying schedule of expenses of federal awards of the Council is presented on the accrual basis of accounting. 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 Audit Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: The Council allocates certain costs of administration and operations to programs based on a negotiated Indirect Cost Agreement. The Council received a provisional indirect cost rate of 39.5% from the Department of Health and Human Services for the year ended September 30, 2024. Accordingly, the Council has elected not to use the 10% de minimis indirect cost rate.
The Council has received federal grants for specific purposes that are subject to review and audit by the Federal Government. Although such audits could result in expenditure disallowance under grant terms, any required reimbursements are not expected to be material which have not already been recorded.