Notes to SEFA
Title: Note A - Basis of Presentation
Accounting Policies: Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles contained in the Uniform Guidance, wherein certain types ofexpenditures are not allowable or are limited as to reimbursement. The Centers summary of significantaccounting policies is presented in Note 1 in the Centers basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The Center has not elected to use the 10% de minimis cost rate.
The accompanying schedule of expenditure of federal awards (the Schedule) includes the federal award activity of Grand Lake Mental Health Center, Inc. (the Center) under programs of the federal governments for the year ended June 30, 2022. The information 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 Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Center.
Title: Note D Provider Relief Funds
Accounting Policies: Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles contained in the Uniform Guidance, wherein certain types ofexpenditures are not allowable or are limited as to reimbursement. The Centers summary of significantaccounting policies is presented in Note 1 in the Centers basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The Center has not elected to use the 10% de minimis cost rate.
The Center received amounts from the U.S. Department of Health and Human Services (HHS) through the Provider Relief Fund and American Rescue Plan Rural Distribution (PRF) program (Federal Financial Assistance Listing #93.498) in the amount of $1,662,098 and $1,423,609 for the years ended June 30, 2022 and 2021. The PRF expenditures are not recognized on the Schedule until the expenditures are included in the reporting to HHS as required under the PRF program.