Title: 1
Accounting Policies: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance)
De Minimis Rate Used: N
Rate Explanation: Kentucky River Community Care, Inc. has elected not to use the 10 percent de minimum cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal awardactivity of Kentucky River Community Care, Inc. under programs of the federal government for the year ended June 30, 2024. 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 Requiremnts of Kentucky River Community Care, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Kentucky River Community Care, Inc.
Title: 2
Accounting Policies: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance)
De Minimis Rate Used: N
Rate Explanation: Kentucky River Community Care, Inc. has elected not to use the 10 percent de minimum 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.
Title: 3
Accounting Policies: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance)
De Minimis Rate Used: N
Rate Explanation: Kentucky River Community Care, Inc. has elected not to use the 10 percent de minimum cost rate allowed under the Uniform Guidance.
Kentucky River Community Care, Inc. has elected not to use the 10 percent de minimum cost rate allowed under the Uniform Guidance.
Title: 4
Accounting Policies: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance)
De Minimis Rate Used: N
Rate Explanation: Kentucky River Community Care, Inc. has elected not to use the 10 percent de minimum cost rate allowed under the Uniform Guidance.
This schedule does not include the following federal awards activity of KRHH, a sperate HUD corporation controlled by the Organization: See notes to the SEFA for table.
Title: 5
Accounting Policies: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance)
De Minimis Rate Used: N
Rate Explanation: Kentucky River Community Care, Inc. has elected not to use the 10 percent de minimum cost rate allowed under the Uniform Guidance.
No awards were provided to sub recipients.
Title: 6
Accounting Policies: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance)
De Minimis Rate Used: N
Rate Explanation: Kentucky River Community Care, Inc. has elected not to use the 10 percent de minimum cost rate allowed under the Uniform Guidance.
Reconciliation of federal expenditures to financial statements were as follows: See notes to the SEFA for table.