Title: NOTE A - BASIS OF PRESENTATION
Accounting Policies: (1) Expenditures 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.(2) Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of Rockbridge Area Health Center, Inc. under programs of the federal government for the year ended January 31, 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 Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of Rockbridge Area Health Center, Inc., it is not intended and does not present the financial position, changes in net assets, or cash flows of Rockbridge Area Health Center, Inc.
Title: NOTE C - RELATIONSHIP TO FINANCIAL STATEMENTS
Accounting Policies: (1) Expenditures 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.(2) Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Federal expenditures and revenues reported in the financial statements are as follows:Project grants, D.H.H.S.$ 1,668,828 Other federal grants 1,488,687 Total federal revenues per financial statements$ 3,157,515 Add: Provider Relief Funds to be reported according to special reporting guidelines 286,695 Less: Provider Relief Funds to be reported according to special reporting guidelines (220,913)Total federal expenditures per the Schedule of Expenditures of Federal Awards$ 3,223,297
Title: NOTE D - SUBRECIPIENTS
Accounting Policies: (1) Expenditures 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.(2) Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Organization did not have any subrecipients for the year ended January 31, 2022.
Title: NOTE E - PROVIDER RELIEF FUNDS
Accounting Policies: (1) Expenditures 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.(2) Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
For fiscal years ended (FYE) on or before June 29, 2021, no Provider Relief Fund (PRF) expenditures (including lost revenue) should have been reported on the SEFA. Based on current guidance from the Department of Health and Human Services (HHS), PRF expenditures are to be reported on the SEFA based upon PRF reports submitted through the Health Resources and Services (HRSA) reporting portal. Therefore, the amount of PRF expenditures included on the FYE January 31, 2022 SEFA is based upon the PRF reporting guidelines for Period 1, and 2 as specified by HHS.