Notes to SEFA
Title: Note 4. Program Costs/Matching Contributions
Accounting Policies: Note 1. Basis of PresentationThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Senior Services, Inc. of Wichita 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 Title 2 U.S. Code of Federal Regulations (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 Senior Services, Inc. of Wichita, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Senior Services, Inc. of WichitaNote 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 the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including Senior Services, Inc. of Wichitas portion, may be more than shown.
Title: Note 5. Auditee Classification
Accounting Policies: Note 1. Basis of PresentationThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Senior Services, Inc. of Wichita 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 Title 2 U.S. Code of Federal Regulations (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 Senior Services, Inc. of Wichita, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Senior Services, Inc. of WichitaNote 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 the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
During the year ended September 30, 2022, Senior Services, Inc. of Wichita incurred federal expenditures in excess $750,000 thus requiring an audit in accordance with Uniform Guidance. The federal expenditures during the year ended September 30, 2021 were below the threshold. Senior Services, Inc. of Wichita is considered a high-risk auditee due to this being within the first two audit periods requiring an audit in accordance with Uniform Guidance.