Notes to SEFA
The Consolidated Schedule of Expenditures of Federal Awards and State Financial Assistance is prepared on the accrual basis of accounting.
The Consolidated Schedule of Expenditures of Federal Awards and State Financial Assistance includes the federal awards and state financial assistance received by Community Based Care of Brevard, Inc. d/b/a Family Partnerships of Central Florida and its financially interrelated affiliate, The National Center for Innovation and Excellence, Inc., which are under common control. Intercompany transactions have been eliminated in consolidation.
Only revenues earned in accordance with the contract terms are reported as expenditures on the Consolidated Schedule of Expenditures of Federal Awards and State Financial Assistance.
The Organization has elected to not use the 10% de minimis indirect cost rate for its federal programs and state projects for the year ended June 30, 2025. The indirect cost rates used on the Organization's federal programs and state projects are determined by the revelant federal or state agency.
Community Based Care of Brevard, Inc. d/b/a Family Partnerships of Central Florida and affiliates have obtained and acted upon required sub-recipient audit reports and these reports meet the requirements of Title 2 U.S. Code of Federal Regulations, Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Chapter 10.650, Rules of the Auditor General , State of Florida. The audit reports have been submitted within the required time frames and audit findings have been addressed within six months. Of the expenses presented in the accompanying Consolidated Schedule of Expenditures of Federal Awards and State Financial Assistance, Community Based Care of Brevard, Inc. d/b/a Family Partnerships of Central Florida provided federal and state awards under contract GJ514 to sub-recipients as follows: