Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the SEFA 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 applicable.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-pecent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (“SEFA”) includes the federal grant activity of the R.I. Indian Council, Inc. (“Organization”) under programs of the federal government for the year ended June 30, 2023. The information in this SEFA 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 SEFA presents only a selected portion of the operations of the Organization, it is not intended to
Title: Provider Relief Fund and American Rescue Plan Rural Distribution - Assistance Listing Number 93.498
Accounting Policies: Expenditures reported on the SEFA 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 applicable.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-pecent de minimis indirect cost rate allowed under the Uniform Guidance.
Rescue Plan Rural Distribution (“PRF”) program, HHS has indicated the amounts on the schedule be reported corresponding to reporting requirements of the Health Resources and Services Administration (“HRSA”) PRF Reporting Portal. Payments from HHS for PRF are assigned to ‘Payment Received Periods’ (each, a “Period”) 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 Period’s deadline to use the funds (i.e., after the end of the Period of Availability).
The schedule includes $172 received from HHS between July 1, 2020 through June 30, 2021. Such amounts were recognized as revenue in the Organization’s financial statements in the year ended June 30, 2021.