Notes to SEFA
Title: BASIS OF PRESENTATION
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. Negative amounts, if any, shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: The Agency does not utilize an indirect cost rate as it would not be applicable to the HHS award and that is the significant federal program of the Agency.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Nonotuck Resource Associates, Inc. (Agency) under programs of the federal government for the year ended June 30, 2022. 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, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Nonotuck Resource Associates, Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Nonotuck Resource Associates, Inc.
Title: PASS-THROUGH STATE AGENCIES
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. Negative amounts, if any, shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: The Agency does not utilize an indirect cost rate as it would not be applicable to the HHS award and that is the significant federal program of the Agency.
Expenditures of federal awards for funds passed through state agencies are based on information provided by the Commonwealth of Massachusetts Division of Purchased Services.
Title: PROVIDER RELIEF FUND AND AMERICAN RESCUE PLAN RURAL DISTRIBUTION - 93.498
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. Negative amounts, if any, shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: The Agency does not utilize an indirect cost rate as it would not be applicable to the HHS award and that is the significant federal program of the Agency.
For the HHS awards related to the Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution (PRF) program, HHS has indicated the amounts on the Schedule be reported corresponding to reporting requirements of the HRSA PRF Reporting Portal. Payments from HHS for PRF are assigned to 'Payment Received Periods' based upon the date each payment from the PRF was received. Each Period has a specified Period of Availability and timing of reporting requirements. Entities report into the HRSA PRF Reporting Portal after each Periods deadline to use the funds (i.e., after the end of the Period of Availability).The Schedule includes $791,482 received from HHS between July 1, 2020 through December 31, 2020, plus interest income earned on the funds deposited in the amount of $875. In accordance with guidance from HHS, this amount is presented as Period 2. Such amounts were recognized as grant income in the Agencys financial statements as expended for the years ended June 30, 2021 and June 30, 2022, as final expenditures were December 2021. Due to the PRF Reporting requirements, these amounts are the total PRF received and recognized as federal expenditures in the years presented in the Schedule. Nonotuck Resource Associates, Inc. has utilized the PRF funding assistance primarily for additional stipends to Adult Family Care caregivers, and Covid-19 supplies such as personal protective equipment. These expenses have not been reimbursed from other sources nor are there other sources of funds obligated to reimburse these expenses. The Agency did not receive any other HHS awards for the years ended December 31, 2021 and 2020.