Audit 324212

Title: Note 1 - Basis of Presentation Accounting Policies: Note 2 – Summary of Significant 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: Y Rate Explanation: Note 3 - Indirect Cost Rate Oregon Primary Care Association has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance; however, the award agreements with the U.S. Department of Health and Human Services do not include an indirect cost reimbursement. As such, there were no indirect costs charged to the federal award programs for the year ended March 31, 2024. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Oregon Primary Care Association under programs of the federal government for the year ended March 31, 2024. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) 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 Oregon Primary Care Association, it is not intended to, and does not, present the financial position, changes in net assets, functional expenses, or cash flows of Oregon Primary Care Association.

Title: Note 4 - Subrecipients Accounting Policies: Note 2 – Summary of Significant 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: Y Rate Explanation: Note 3 - Indirect Cost Rate Oregon Primary Care Association has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance; however, the award agreements with the U.S. Department of Health and Human Services do not include an indirect cost reimbursement. As such, there were no indirect costs charged to the federal award programs for the year ended March 31, 2024. No federal award payments were made to subrecipients for the year ended March 31, 2024.