Notes to SEFA
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the financial activity of the federally assisted programs of Care for the Homeless and Affiliate (the "Organization") for the year ended December 31, 2022. The information in the 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 (the 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: The auditee did not use the de minimis cost rate.
Expenditures reported on the Schedule are reported on the accrual basis of accounting, except for amounts passed through to subrecipients which are reported on a cash basis and the ALN 93.498 which is reported in accordance with the Health Resources and Services Administrations Provider Relief Fund Reporting Portal. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or limited as to reimbursement.
Title: PROVIDER RELIEF FUNDS (FEDERAL ASSISTANCE LISTING #93.498)
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the financial activity of the federally assisted programs of Care for the Homeless and Affiliate (the "Organization") for the year ended December 31, 2022. The information in the 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 (the 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: The auditee did not use the de minimis cost rate.
The Organization received Provider Relied Funds during 2021 which were spent in 2022. The amounts received from Period 4 (July 1, 2021 to December 31, 2021) are reported on the Schedule for the year ended December 31, 2022. The amounts reported in the Schedule for the COVID-19-Provider Relief Funds is based on the Department of Health and Human Services reporting requirements