Audit 249630

Accounting Policies: Note 1: Basis of PresentationThe accompanying schedule of expenditures of federal awards includes the federal grant expenditures of Variety Care, Inc. 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 Requirement, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.Note 2: Summary of Significant Accounting PoliciesExpenditures 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 may or may not be allowable or may be limited as to reimbursement.The organization has elected not to use the 10-percent de minimis cost rate as allowed under the Uniform Guidance.Note 3: SubrecipientsNo amounts were passed through to a sub recipient. Note 4: Provider Relief FundThe organization received Coronavirus Aid Relief and Economic Security (CARES) Act Provider Relief Funds administered by the Department of Health and Human Services (HHS) as listed below: Period 1 $ 1,041,841.32 Period 2 $ 145,337.23 Period 3 $ - Period 4 $ 2,059,057.59 The organization has or will report its Provider Relief Funds as listed in the following table: FYE Year SEFA Reported on Revenue Expenditures Deferred Recognized Expenditures SEFA Period 1 $ 1,041,841.00 $1,041,841.00 $ - 6/30/2020 $ 1,041,841.00 6/30/2021Period 2 $ 71,168.00 $ 71,168.00 $ - 6/30/2021 $ 71,168.00 6/30/2022 Period 2 $ 74,169.23 $ 74,169.23 $ - 6/30/2022 $ 74,169.23 6/30/2022Period 4 $ 1,463,834.57 $ 1,463,834.57 $ 595,223.02 6/30/2022 TBD 6/30/2023 De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.