Audit 11707

FY End
2023-06-30
Total Expended
$6.08M
Findings
0
Programs
6
Year: 2023 Accepted: 2024-01-16
Auditor: Lbmc PC

Organization Exclusion Status:

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Contacts

Name Title Type
TPV1E6W5GJP5 Scott Hill Auditee
4235631036 Mark Waters Auditor
No contacts on file

Notes to SEFA

Title: Note A - Accounting Policies Accounting Policies: The accompanying schedule of expenditures of federal awards is prepared on the accrual basis of accounting. The expenditure threshold for classification as a Type A program is $750,000. The Organization has elected not to use the 10% de minims indirect cost rate allowed under Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). There were no awards passed through to subrecipients. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying schedule of expenditures of federal awards is prepared on the accrual basis of accounting. The expenditure threshold for classification as a Type A program is $750,000. The Organization has elected not to use the 10% de minims indirect cost rate allowed under Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). There were no awards passed through to subrecipients.
Title: Note B - Non-Cash Assistance Accounting Policies: The accompanying schedule of expenditures of federal awards is prepared on the accrual basis of accounting. The expenditure threshold for classification as a Type A program is $750,000. The Organization has elected not to use the 10% de minims indirect cost rate allowed under Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). There were no awards passed through to subrecipients. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The Organization did not receive or expend federal awards during fiscal year 2023 in the form of non-cash assistance.
Title: Note C - Reconciliation to Statement of Financial Position and Statement of Activities Accounting Policies: The accompanying schedule of expenditures of federal awards is prepared on the accrual basis of accounting. The expenditure threshold for classification as a Type A program is $750,000. The Organization has elected not to use the 10% de minims indirect cost rate allowed under Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). There were no awards passed through to subrecipients. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. See the Notes to the SEFA for chart/table
Title: Note D - Uniform Guidance Accounting Policies: The accompanying schedule of expenditures of federal awards is prepared on the accrual basis of accounting. The expenditure threshold for classification as a Type A program is $750,000. The Organization has elected not to use the 10% de minims indirect cost rate allowed under Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). There were no awards passed through to subrecipients. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The SEFA includes the federal award activity of Community Health of East Tennessee, Inc. under programs of the federal government for the year ended June 30, 2023. The information in this SEFA is presented in accordance with the requirements of the Uniform Guidance. Because the SEFA presents only a selected portion of the operations of Community Health of East Tennessee, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Community Health of East Tennessee, Inc.