Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: a)Expenditures reported on the Schedule are reported on the accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or are limited as to reimbursement.b)Pass-through entity identifying numbers are presented, where available.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the activity offederal award programs administered by the Organization for the year ended December 31, 2022, whichis described in Note 1 to GHRCs accompanying financial statements.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 AuditRequirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selectedportion of the operations of the Organization, it is not intended to and does not present the financialposition, changes in net assets, or cash flows of the Organization.
Title: RECONCILIATION OF TOTAL EXPENDITURES OF FEDERAL AWARDS TO THE FINANCIAL STA
Accounting Policies: a)Expenditures reported on the Schedule are reported on the accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or are limited as to reimbursement.b)Pass-through entity identifying numbers are presented, where available.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The following is a summary reconciliation of total expenditures of federal awards as reported in thisreport to the financial statements:Total expenditures reported in the Schedule of Expenditure of Federal Awards$ 3,735,006Add: expenditures funded by other sources2,900,797Total expenditures reported in the financial statements.$ 6,635,803