Title: Note 1: Basis of Presentation
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of CareLink under programs of the Federal government for the year ended June 30, 2023. 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 CareLink, it is not intended to and does not present the financial position, changes in net assets, or cash flows of CareLink. All federal awards received directly from Federal agencies, as well as Federal awards passed through other government agencies, are included in the Schedule.
De Minimis Rate Used: Y
Rate Explanation: CareLink has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of CareLink under programs of the Federal government for the year ended June 30, 2023. 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 CareLink, it is not intended to and does not present the financial position, changes in net assets, or cash flows of CareLink. All federal awards received directly from Federal agencies, as well as Federal awards passed through other government agencies, are included in the Schedule. Medicaid reimbursements are defined as contracts for services and not federal awards; therefore, they are not covered by the reporting requirements of the Uniform Guidance. Total Medicaid funding for the year ended June 30, 2023 was $5,051,918.
Title: Note 2: Basis of Accounting
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of CareLink under programs of the Federal government for the year ended June 30, 2023. 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 CareLink, it is not intended to and does not present the financial position, changes in net assets, or cash flows of CareLink. All federal awards received directly from Federal agencies, as well as Federal awards passed through other government agencies, are included in the Schedule.
De Minimis Rate Used: Y
Rate Explanation: CareLink has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
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 limited as to reimbursement.
Title: Note 3: Indirect Cost Rate
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of CareLink under programs of the Federal government for the year ended June 30, 2023. 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 CareLink, it is not intended to and does not present the financial position, changes in net assets, or cash flows of CareLink. All federal awards received directly from Federal agencies, as well as Federal awards passed through other government agencies, are included in the Schedule.
De Minimis Rate Used: Y
Rate Explanation: CareLink has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
CareLink has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: Note 4: Provider Relief Funds
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of CareLink under programs of the Federal government for the year ended June 30, 2023. 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 CareLink, it is not intended to and does not present the financial position, changes in net assets, or cash flows of CareLink. All federal awards received directly from Federal agencies, as well as Federal awards passed through other government agencies, are included in the Schedule.
De Minimis Rate Used: Y
Rate Explanation: CareLink has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
During the year ended June 30, 2022, CareLink received and expensed $186,600 in Provider Relief Funds (PRF, Assistance Listing #93.498). The PRF monies are included in federal awards in the statement of activities for the year ended June 30, 2022 and reported on the schedule of expenditures for federal awards based on the reporting requirements of the Uniform Guidance for the year ended June 30, 2023.