Notes to SEFA
Title: Note 2
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Methodist Home of Kentucky, 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). Therefore, some amounts presented in, or used, in the preparation of, the basic financial statements may differ from those numbers.
De Minimis Rate Used: Y
Rate Explanation: N/A
The Methodist Home of Kentucky, Inc. did not pass through any funds to subrecipients.
Title: Note 3
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Methodist Home of Kentucky, 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). Therefore, some amounts presented in, or used, in the preparation of, the basic financial statements may differ from those numbers.
De Minimis Rate Used: Y
Rate Explanation: N/A
Passthrough entity numbers are presented when available. Pass through grantor's number not available.