Title: NOTE 1 - BASIS OF PRESENTATION
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the
federal grant activity of Behavioral Health Resources & Subsidiaries (collectively, the
"Organization") 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 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 accompanying schedule of expenditures of federal awards (the "Schedule") includes the
federal grant activity of Behavioral Health Resources & Subsidiaries (collectively, the
"Organization") 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 the Organization, it is not intended
to, and does not, present the financial position, changes in net assets or cash flows of the
Organization.
Title: NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the
federal grant activity of Behavioral Health Resources & Subsidiaries (collectively, the
"Organization") 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 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. Such
expenditures are recognized following the cost principles contained in the Uniform Guidance,
Cost Principals for Non‐profit Organizations, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. Pass‐through entity identifying numbers are
presented where available.
The Organization has not elected to use the 10 percent de minimis indirect cost rate as allowed
under the Uniform Guidance.
Title: NOTE 3 - GRANTS AND LOANS WITH ONGOING COMPLIANCE
REQUIREMENTS
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the
federal grant activity of Behavioral Health Resources & Subsidiaries (collectively, the
"Organization") 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 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 three grants from the Department of Housing and Urban
Development that contain continuing compliance requirements although not reported on the
Schedule. The Supportive Housing Program (ALN 14.235) has a compliance period of 20 years
through 2028. The HOME Investment Partnership Program (Contract #05‐40404‐102, ALN
14.239) has a compliance period of 40 years through 2046. Both of the grants were used to
help fund The Gardens low-income housing project. The HOME Investment Partnership
Program (Contract #5‐92‐416‐13B, ALN 14.239) has a compliance period through 2030 and
was used to fund the Tumwater Cove Apartments project.
The Organization also received a loan from the Department of Agriculture with continuing
compliance requirements and continues to be reported on the Schedule. The Rural Rental
Housing Loan (ALN 10.415) has a compliance period through 2031 and was used to fund the
Evergreen Apartments project. All units related to the projects summarized above must be used
for low‐income housing throughout the period of compliance from the initial date of occupancy.