Notes to SEFA
Title: Other Expenditures
Accounting Policies: The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of Cerebral Palsy Research Foundation of Kansas, Inc. 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Foundation did not receive any federal awards in the form of noncash assistance, insurance, loans, or loan guarantees and incurred no expenditures in relation thereof for the year ended June 30, 2023.
Title: Project Disbursements
Accounting Policies: The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of Cerebral Palsy Research Foundation of Kansas, Inc. 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The U.S. Department of Housing and Urban Development requires a separate audit on the transactions of the Timbers Project Number 102-EH001-L8-NP-WHC. An independent audit of The Timbers was issued and dated September 28, 2023. The revenues and expenditures are found in the Detailed Schedule of Program Support, Revenues and Expenses Summary by Division supplementary schedule. For the purposes of the Schedule of Expenditures of Federa and State Awards, the project's disbursements include the following: Operating Payments $680,037, Funding of Reserve for Replacements $117,861, Total Project Disbursements $797,898.