Notes to SEFA
The accompanying schedule of expenditures of federal awards and state financial assistance presents the activity of all federal award programs and state financial assistance projects of Community Access to Child Health of Brevard, Inc. (“CATCH of Brevard, Inc.”). The reporting entity is defined in Note 1 to the financial statements of CATCH of Brevard, Inc. The information in this 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, and Chapter 10.650, Rules of the Auditor General. Because the schedule presents only a selected portion of the operations of CATCH of Brevard, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of CATCH of Brevard, Inc.
Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, and the Florida Single Audit Act, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
CATCH of Brevard, Inc. has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance
Certain federal awards and state financial assistance projects are received as subawards from nonfederal entities. The following pass-through entity has been identified in the schedule by an abbreviation: FDOH – Florida Department of Health