Title: AMOUNTS PASSED THROUGH TO SUBRECIPIENTS
Accounting Policies: The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of WindRose Health Network, Inc. (WindRose) under programs of the federal government for the year ended December 31, 2022. The information in the 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 (the Uniform Guidance). Because the SEFA presents only a selected portion of the operations of the WindRose, it is not intended to and does not present the financial position, changes in net assets, or cash flows of WindRose. 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. WindRose has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
WindRose did not pass through any federal awards to subrecipients during 2022.
Title: LOAN PAYABLE
Accounting Policies: The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of WindRose Health Network, Inc. (WindRose) under programs of the federal government for the year ended December 31, 2022. The information in the 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 (the Uniform Guidance). Because the SEFA presents only a selected portion of the operations of the WindRose, it is not intended to and does not present the financial position, changes in net assets, or cash flows of WindRose. 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. WindRose has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
WindRose had the following loan payable balance outstanding as of December 31, 2022 from the United States Department of Agriculture (USDA).USDA - Community Facility Loans and Grants Grant ID 15-003-483154851 Assistance Listing Number 10.780 Amount Outstanding $311,777
Title: PROVIDER RELIEF FUNDS
Accounting Policies: The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of WindRose Health Network, Inc. (WindRose) under programs of the federal government for the year ended December 31, 2022. The information in the 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 (the Uniform Guidance). Because the SEFA presents only a selected portion of the operations of the WindRose, it is not intended to and does not present the financial position, changes in net assets, or cash flows of WindRose. 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. WindRose has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Under terms and conditions of the Provider Relief Funds (PRF) under the Coronavirus Aids, Relief, and Economic Security Act, WindRose is required to report COVID-19 related expenses and lost revenue to the U.S. Department of Health and Human Services (HHS). Guidance from HHS has required the reporting of the COVID-19 related expenses and lost revenue in certain reporting periods based on when the funds were received.The 2022 SEFA includes PRF of approximately $91,000 which was received by WindRose prior to December 31, 2022. WindRose recognized $91,000 as revenue in its 2021 consolidated statement of operations and changes in net assets as the terms and conditions of the PRF grant were satisfied by WindRose during 2021. HHS requires these PRF amounts be reported on the 2022 SEFA, rather than the 2021 SEFA.
Title: DONATED PERSONAL PROTECTIVE EQUIPMENT (PPE)
Accounting Policies: The accompanying schedule of expenditures of federal awards (SEFA) includes the federal award activity of WindRose Health Network, Inc. (WindRose) under programs of the federal government for the year ended December 31, 2022. The information in the 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 (the Uniform Guidance). Because the SEFA presents only a selected portion of the operations of the WindRose, it is not intended to and does not present the financial position, changes in net assets, or cash flows of WindRose. 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. WindRose has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
WindRose has determined that the fair value of donated PPE received during 2022 was immaterial to the consolidated financial statements. The donated PPE was not considered for purposes of determining the threshold for Uniform Guidance determination of major programs and is not required to be audited as a major program.