Notes to SEFA
Accounting Policies: (1)GeneralThe accompanying schedule of expenditures of federal awards (the Schedule) presentsthe activity of all federal programs of Douglas Gardens Community Mental Health Centerof Miami Beach, Inc. and Subsidiary (collectively, the Company) for the year endedJune 30, 2022. The information in this Schedule is presented in accordance with therequirements of Title 2 U.S. Code of Federal Regulations, Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for FederalAwards (Uniform Guidance). Because the Schedule presents only a selected portion of theoperations of the Company, it is not intended to and does not represent the financialposition, changes in net assets, or cash flows of the Company. (2)Basis of Accounting Expenditures reported on the Schedule are reported on the accrual basis of accounting.Such expenditures are recognized following the cost principles in the Uniform Guidance,wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: The Company has elected to use the 10% de minimis indirect cost rate as allowed underthe Uniform Guidance.