Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards and State Financial Assistance includes the federal and state grant activity of Charlotte Behavioral Health Care, Inc., (the "Corporation") under programs of the federal government and the State of Florida for the fiscal year ended June 30, 2025. The information in this schedule is presented in accordance with accounting principles generally accepted in the United States of America as applicable to non-profit organizations, the requirements of OMB Uniform Guidance, Section 215.97 Florida Statutes, the requirements of Chapter 10.650, Rules of the Auditor General. Accordingly, some amounts presented in the schedule may differ from amounts presented in the basic financial statements.
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 and cost principles established by the State of Florida Department of Financial Services, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-thru entity identifying numbers (contract or grant number) are presented where available.
The Corporation has elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Grant monies received by the Corporation are for specific purposes and are subject to review by the grantor agencies. Such audits may result in requests for reimbursement due to disallowed expenditures. Based upon prior experience, the Corporation does not believe that such disallowances, if any, would have a material effect on the financial position of the Corporation. As of June 30, 2025, there were no material questioned or disallowed costs as a result of grant audits in process or completed of which management was aware. Any adjustments to grant funding are recorded in the year the adjustment occurs.
State funds awarded to the Corporation as matching funds for federal programs consisted of the following: