Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of Healthy Start, Inc. for the year ended September 30, 2025. The information in the 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 Healthy Start, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flow of Healthy Start, Inc.
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, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presented in the schedule may differ from amounts presented or used in the presentation of the basic financial statements.
Healthy Start, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The entity did not provide any federal awards to subrecipients during the year ended September 30, 2025. Accordingly, no amounts are reported as passed through to subrecipients in the accompanying Schedule of Expenditures of Federal Awards