Notes to SEFA
The accompanying schedule of expenditures of federal awards presents the activity of all applicable federal awards of the Center For Healthcare and Workforce Development, Inc. The Center For Healthcare and Workforce Development, Inc reporting entity is defined in Note 1 in the organization’s financial statements. Federal awards received directly from federal agencies are in the respective schedule.
The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting, which is described in Note 1 to the Center For Healthcare and Workforce Development, Inc.’s financial statements.
Grant expenditures report as of December 31, 2024, which have been submitted to grantor agencies will, in some cases, differ slightly from amounts disclosed herein. The reports prepared for grantor agencies are typically prepared at a later date and often reflect actuals and accruals at the time. The reports will agree at termination of the grant, as the discrepancies noted are timing differences.
The Center For Healthcare and Workforce Development, Inc. has elected not to use the 10 percent de minimis indirect cost rate as allowed under Uniform Guidance.