Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Katherine Luther Residential Health Care & Rehabilitation Center, Inc. (the Home), HUD Project No. 014-22107 and is presented on the accrual basis of
accounting. 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,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal
Awards. Because the schedule presents only a selected portion of the operations of Katherine
Luther Residential Health Care & Rehabilitation Center, Inc., it is not intended to and does not
present the financial position, change in net assets, or cash flows of Katherine Luther
Residential Health Care & Rehabilitation Center, Inc.
De Minimis Rate Used: N
Rate Explanation: Katherine Luther Residential Health Care & Rehabilitation Center, Inc. has elected to not use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.