Notes to SEFA
Title: Basis of Presentation
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 Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Institute has not elected to use the 10-percent de-minimis indirect cost rate allowed under the Uniform Guidance except for the Early Childhood Trauma Collaborative project that is included in Assistance Listing Number 93.243 Substance Abuse and Mental Health Services Projects of Regional and National Significance.
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Child Health and Development Institute of Connecticut, Inc. ("CHDI") under programs of the Federal Government for the year ended September 30, 2022. 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 CHDI, it is not intended to and does not present the financial position, changes in net assets or cash flows of CHDI.