Audit 1098

Title: RELATIONSHIP TO BASIC FINANCIAL STATEMENTS Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of Camuy Health Services, Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements established by the Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Because the schedule presents only a selected portion of the operations of Organization, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Organization. The information included in the Schedule may not fully agree with other federal awards reports, submitted directly to federal grantor agency because, among other reasons, the award report may (a) be prepared for a different fiscal period, (b) include cumulative data (from prior years) rather than data from the current year only, (C) certain timing differences may exist in the recognition of revenues and expenditures between the Schedule of Expenditures of Federal Awards, federal financial reports and the accrual basis of accounting. The Assistance Listing Number (ALN), formerly known as the Catalog of Federal Domestic Assistance (CFDA) Number is a five-digit number assigned in the awarding document for all federal assistance award mechanisms, including federal grants and cooperative agreements. Assistance listings are detailed public descriptions of federal programs that provide grants, loans, scholarships, insurance, and other types of assistance awards. The Sam.gov assistance listing is the publicity available online database showing all available Federally-Funded Programs. State or local government redistributions of federal awards to the Organization known as pass-through awards, should be treated by the Organization as though they were received directly from the federal government. The Uniform Guidance requires the schedule to include the name of the pass-through entity and the identifying number assigned by the pass-through entity for the federal awards received as a sub-recipient. Pass-through entity identifying numbers are presented where available. Numbers identified as N/A are not applicable and numbers identified as N/AV are not available. De Minimis Rate Used: N Rate Explanation: CHSI has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. SEE THE NOTES TO THE SEFA FOR CHART/TABLE.