Notes to SEFA
Title: Subrecipients
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting.Such expenditures are recognized following the cost principles contained in the UniformGuidance, wherein certain types of expenditures are not allowable or are limited as toreimbursement.The Organizations federal awards do not have any loans or loan guarantees.The Organization did not receive any federal non-cash assistance for the fiscal year endedJune 30, 2022.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
FavorHouse of Northwest Florida, Inc. did not have any subrecipients for the year endedJune 30, 2022.