Audit 12723

Accounting Policies: 1. SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying Schedule of Expenditure of Federal Awards (the Schedule) includes the federal award activity of the Rural Health Network of SCNY, Inc., an entity as defined in Note 1 to the Organization’s financial statements, under programs of the federal government for the year ended June 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 the Rural Health Network of SCNY, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Rural Health Network of SCNY, Inc.. Basis of Accounting Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The amounts reported as federal expenditures were obtained from the financial records detail, which is the source of the consolidated financial statements. De Minimis Indirect Cost Rate Rural Health Network of SCNY, Inc. has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. Cluster Programs The following programs are identified by the “OMB Compliance Supplement” to be part of a cluster of programs: U.S. Department of Transportation Transit Services Programs Cluster ALN 20.513 Enhanced Mobility of Seniors and Individuals with Disabilities ALN 20.516 Job Access and Reverse Commute Program ALN 20.521 New Freedom Program Program Cost/Matching Contributions The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs including the Organization’s portion, may be more than shown. The Organization’s records should be consulted to determine amounts expended or matched from non-federal sources. De Minimis Rate Used: N Rate Explanation: De Minimis Indirect Cost Rate Rural Health Network of SCNY, Inc. has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.