Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards ("Schedule") includes the federal award activity of Rhode Island HealthCenter Association (a NonProfit Organization) (the "Association") under programs of the federal government for the year ended June 30, 2022. The information in this schedule is presented in accordance with the requirement of Title 2 U.S. Code of Federal Regulation Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). Because the Schedule presents only a selected portion of 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.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.