Audit 316276

Title: NOTE A - GENERAL Accounting Policies: The schedule of expenditures of federal awards presents the activity of all federal award programs of Bear Lake Community Health Center, Inc. (the Center). All federal financial awards received directly from federal agencies as well as federal financial awards passed through from other government agencies are included on the schedule. The schedule shows the federal awards expended on the accrual basis of accounting as shown on the statement of activities for the year ended April 30, 2023. De Minimis Rate Used: N Rate Explanation: The Center has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The schedule of expenditures of federal awards presents the activity of all federal award programs of Bear Lake Community Health Center, Inc. (the Center). All federal financial awards received directly from federal agencies as well as federal financial awards passed through from other government agencies are included on the schedule. The schedule shows the federal awards expended on the accrual basis of accounting as shown on the statement of activities for the year ended April 30, 2023. The Center has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.

Title: NOTE B - RECONCILIATION OF SCHEDULE TO FINANCIAL STATEMENTS Accounting Policies: The schedule of expenditures of federal awards presents the activity of all federal award programs of Bear Lake Community Health Center, Inc. (the Center). All federal financial awards received directly from federal agencies as well as federal financial awards passed through from other government agencies are included on the schedule. The schedule shows the federal awards expended on the accrual basis of accounting as shown on the statement of activities for the year ended April 30, 2023. De Minimis Rate Used: N Rate Explanation: The Center has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. A reconciliation of federal revenue reported on the Center’s financial statements and the schedule of expenditures of federal awards for the year ended April 30, 2023 is detailed in the table.

Title: NOTE C - SUBRECIPIENTS OF FEDERAL AWARDS Accounting Policies: The schedule of expenditures of federal awards presents the activity of all federal award programs of Bear Lake Community Health Center, Inc. (the Center). All federal financial awards received directly from federal agencies as well as federal financial awards passed through from other government agencies are included on the schedule. The schedule shows the federal awards expended on the accrual basis of accounting as shown on the statement of activities for the year ended April 30, 2023. De Minimis Rate Used: N Rate Explanation: The Center has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The Center did not provide Federal award funding to any subrecipients during the year ended April 30, 2023.