Audit 32873

FY End
2022-12-31
Total Expended
$11.12M
Findings
0
Programs
10
Organization: Tennessee Hospital Association (TN)
Year: 2022 Accepted: 2023-06-29

Organization Exclusion Status:

Checking exclusion status...

Contacts

Name Title Type
WNK7FEN5X9E1 David Neiger Auditee
6152568240 Jeffrey Hausman Auditor
No contacts on file

Notes to SEFA

Title: Contingencies Accounting Policies: The accompanying Schedule of Expenditures of Federal and State Awards (the Schedule) includes the federal grant activity of the Association under programs of the federal government passed through from the State of Tennessee for the year ended December 31, 2022. The information in the 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 the Association, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Association. The Schedule is prepared 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. The Association has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance for the Honoring Choices grant, MAT grant, and the VOCA grant. For the year ended December 31, 2022, the Association passed though awards to sub-recipients totaling $278,858 related to the VOCA grant and $952,500 related to the MAT grant. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate. These programs are subject to financial and compliance audits by grantor agencies. The amount, if any, of expenditures that may be disallowed by the grantor agencies cannot be determined at this time, although the Association expects such amounts to be immaterial.
Title: Reconciliation to Statement of Activities Accounting Policies: The accompanying Schedule of Expenditures of Federal and State Awards (the Schedule) includes the federal grant activity of the Association under programs of the federal government passed through from the State of Tennessee for the year ended December 31, 2022. The information in the 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 the Association, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Association. The Schedule is prepared 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. The Association has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance for the Honoring Choices grant, MAT grant, and the VOCA grant. For the year ended December 31, 2022, the Association passed though awards to sub-recipients totaling $278,858 related to the VOCA grant and $952,500 related to the MAT grant. De Minimis Rate Used: Y Rate Explanation: The auditee used the de minimis cost rate. Grant revenue of Federal and State awards per books $12,085,784. Prior year amount written off -THA (Federal) $58. Prior year amount written off -THERF $4,038. Penalties revenue received -TCWD $12,515. Total Federal and State Awards per SEFA $12,102,395.