Notes to SEFA
Title: Loan/loan guarantee oustanding balances
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes all Federal granteds and contracts to the Maitri Compassionate Care that had activity during the year ended June 30, 2023. This schedule has been prepared on the accrual basis of accounting. Granted contract revenues are recorded for financial reporting purposes when the Organization has met the qualifications for the respective grants and contracts.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS (14.241) - Balances outstanding at the end of the audit period were 380525