Title: NOTE A – BASIS OF PRESENTATION
Accounting Policies: 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.
De Minimis Rate Used: N
Rate Explanation: The Facility has elected not 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 grant activity of the Facility under a program of the federal government for the year ended September 30, 2021. 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 Facility, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Facility.
Title: NOTE B – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: 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.
De Minimis Rate Used: N
Rate Explanation: The Facility has elected not 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 are limited as to reimbursement.
Title: NOTE C – INDIRECT COST RATE
Accounting Policies: 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.
De Minimis Rate Used: N
Rate Explanation: The Facility has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Facility has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: NOTE D – INSURANCE COVERAGE
Accounting Policies: 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.
De Minimis Rate Used: N
Rate Explanation: The Facility has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Facility maintains insurance coverage as recommended by its insurance agent of record.
Title: NOTE E – SUB-RECIPIENTS
Accounting Policies: 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.
De Minimis Rate Used: N
Rate Explanation: The Facility has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Facility did not pass any awards through to sub-recipients for the year ended September 30, 2021.
Title: NOTE F – AWARDS THROUGH THE PROVIDER RELIEF FUND
Accounting Policies: 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.
De Minimis Rate Used: N
Rate Explanation: The Facility has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Facility received approximately $4,354,000 in funds under the Provider Relief Program (PRF) during 2020 and 2021, $2M of the funds were fully recognized based on COVID expenses during the year ended September 30, 2020. The remaining funds were recognized during the year ended September 30,
2021. The Health Resources and Services Administration (“HRSA”) has established a special reporting system to track this federal program. HRSA requires that expenditures and lost revenues be reported on the Schedule of Expenditures in the same reporting period they are reported through the PRF portal. As a result, the Facility has reported $2M in funds on the Schedule of Expenditures of Federal Awards for the year ended September 30, 2021 which were recognized in the financial statements for the year ending September 30, 2020.