Notes to SEFA
Title: RELATIONSHIP TO FINANCIAL STATEMENTS
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includesthe federal grant activity of Christian Connections for International Health (CCIH) underprograms of the federal government for the year ending December 31, 2022. Theinformation in the schedule is presented in accordance with the requirements of theTitle 2 U.S. Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards (UniformGuidance). Therefore, some amounts presented in the schedule may differ from amountspresented in, or used in the preparation of, the basic financial statements. Expendituresin the schedule are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or are limited as to reimbursement.Negative amounts shown on the schedule represent adjustments or credits made in thenormal course of business to amounts reported as expenditures in prior years. If CCIH isrequired to match certain federal assistance, as defined by the grant agreements, no suchmatching has been included as expenditures in the schedule.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The amount of total expenditures of federal awards reconciles to the revenue in the statement of activities as follows: Total expenditures of federal awards less: $ 1,065,195 Grant funds received in prior year and spent in current year ( 6,207)Government grants included in grant revenue on statement of activities $ 1,058,988
Title: NON-CASH ASSISTANCE, FEDERAL INSURANCE, LOANS, AND LOAN GUARANTEES
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includesthe federal grant activity of Christian Connections for International Health (CCIH) underprograms of the federal government for the year ending December 31, 2022. Theinformation in the schedule is presented in accordance with the requirements of theTitle 2 U.S. Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards (UniformGuidance). Therefore, some amounts presented in the schedule may differ from amountspresented in, or used in the preparation of, the basic financial statements. Expendituresin the schedule are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or are limited as to reimbursement.Negative amounts shown on the schedule represent adjustments or credits made in thenormal course of business to amounts reported as expenditures in prior years. If CCIH isrequired to match certain federal assistance, as defined by the grant agreements, no suchmatching has been included as expenditures in the schedule.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
CCIH did not receive any federal non-cash assistance, insurance, loans, or loan guarantees.