Title: Basis of Accounting
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal activity of Great Lakes Recovery Centers, Inc. under programs of the federal governments for the year ended September 30, 2022. The information in this schedule is presented in accordance with requirements of the 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 Great Lakes Recovery Centers, Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Great Lakes Recovery Centers, Inc.
De Minimis Rate Used: N
Rate Explanation: Great Lakes Recovery Centers, Inc. has elected not to use the 10-percent de minimis indirect cost rate 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. Pass-through entity identifying numbers are presented where available.
Title: Sub-Recipients
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal activity of Great Lakes Recovery Centers, Inc. under programs of the federal governments for the year ended September 30, 2022. The information in this schedule is presented in accordance with requirements of the 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 Great Lakes Recovery Centers, Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Great Lakes Recovery Centers, Inc.
De Minimis Rate Used: N
Rate Explanation: Great Lakes Recovery Centers, Inc. has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Great Lakes Recovery Centers, Inc. does not have any sub-recipients of federal or state awards.
Title: Federal Loans With Continuin Compliance Requirements
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal activity of Great Lakes Recovery Centers, Inc. under programs of the federal governments for the year ended September 30, 2022. The information in this schedule is presented in accordance with requirements of the 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 Great Lakes Recovery Centers, Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Great Lakes Recovery Centers, Inc.
De Minimis Rate Used: N
Rate Explanation: Great Lakes Recovery Centers, Inc. has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Great Lakes Recovery Centers, Inc. has a loan with the United States Department of Agriculture under its Community Facilities Loans and Grants cluster. Balances and transactions related to this program is included in Great Lakes Recovery Centers, Inc.'s basic consolidated financial statements. Loans outstanding at the beginning of the year and loans made during the year are included in the federal expenditures presented in the Schedule. The balance of loans outstanding at September 30, 2022, under the Community Facilities Loans and Grants cluster assistance listing 10.766 was $2,285,158.