Notes to SEFA
Title: Note A-Basis of Presentation
Accounting Policies: (1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in theUniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
(2) Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: St. Charles Health Council, Inc. did not elect to use 10% de minimis indirect cost rate because they only request direct costs for reimbursement.
The accompanying schedule of expenditures of federal awards (The Schedule) includes the federal award activity of St. Charles Health Council, Inc. under programs of the
federal government for the year ended May 31, 2023. 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 (Uniform Guidance). Because the Schedule
presents only a selected portion of the operations of St. Charles Health Council, Inc., it is not intended to and does not present the financial position, changes in net assets, or
cash flows of St. Charles Health Council, Inc.
Title: Note C-Subrecipients
Accounting Policies: (1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in theUniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
(2) Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: St. Charles Health Council, Inc. did not elect to use 10% de minimis indirect cost rate because they only request direct costs for reimbursement.
St. Charles Health Council, Inc. did not have any subrecipients for the year ended May 31, 2023.
Title: Note D-Relationship to Financial Statements
Accounting Policies: (1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in theUniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
(2) Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: St. Charles Health Council, Inc. did not elect to use 10% de minimis indirect cost rate because they only request direct costs for reimbursement.
See notes to SEFA in report for table
Title: Note E-Provider Relief Funds
Accounting Policies: (1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in theUniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
(2) Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: St. Charles Health Council, Inc. did not elect to use 10% de minimis indirect cost rate because they only request direct costs for reimbursement.
The US Department of Human and Health Services issued guidance that requires Provider Relief Funds to be reported on the SEFA in accordance with a schedule of when
the required reporting is processed regardless of when the corresponding expenditures or revenue loss are reported under generally accepted accounting principles.