Notes to SEFA
The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of Saints Joachim & Anne Nursing & Rehabilitation Center, HUD Project No. 012-22296 (Facility), under 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 Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Facility, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Facility.
The accompanying schedule of expenditures of federal awards is prepared in accordance with accounting principles generally accepted in the United States of America and 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).
The Organization has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.