Notes to SEFA
Title: Subrecipients
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal award activity of Health Advancement Collaborative of Central New York, Inc. d/b/a HealtheConnections and is presented on the accrual basis of accounting. 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 Health Advancement Collaborative of Central New York, Inc. d/b/a HealtheConnections, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Health Advancement Collaborative of Central New York, Inc. d/b/a HealtheConnections.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Collaborative did not pass any federal funds to subrecipients for the year ended December 31, 2022.
Title: Basis of Accounting
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal award activity of Health Advancement Collaborative of Central New York, Inc. d/b/a HealtheConnections and is presented on the accrual basis of accounting. 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 Health Advancement Collaborative of Central New York, Inc. d/b/a HealtheConnections, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Health Advancement Collaborative of Central New York, Inc. d/b/a HealtheConnections.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The amounts reported in the schedule of expenditures of federal awards are recorded using the accrual basis of accounting. Such expenditures are recognized following the costs principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursements. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.