Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity
of Mount Moriah Senior Housing, Inc., HUD Project No. 122-EE043-WAH-NP under programs of
the federal government for the year ended June 30, 2021. The information is presented on the accrual
basis of accounting. The information in this schedule is presneted in accordacne 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).
De Minimis Rate Used: N
Rate Explanation: The Entity has not elected to use the de minimus cost rate.