Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the
federal award activity of Lutheran Home of the Cannon Valley, Inc. (Organization) under
programs of the federal government for the year ended September 30, 2022. The
information in this Schedule is presented in accordance with the requirements of 2 CFR 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 Organization, it is not intended to and does not present the
financial position, changes in net assets, or cash flows of the Organization.
De Minimis Rate Used: N
Rate Explanation: NA