Notes to SEFA
Title: Note 1 - Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported when the disbursement is received from the pass through entitity. Such expenditures are recognized following the cost priciples contained in the Uniform Guidance, wherein vertain types of expendeitures are not allowable or are limited as to reimbursement. Expenditures reported on the Schedule are reported on the accrul basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Cascade
Community Healthcare (“the Organization”) 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
(CFR) 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 Organization, it is not intended to and
does not present the financial position, changes in net assets, or cash flows of the Organization.
Title: Note 2 - Summary of Significant Accounting Policies
Accounting Policies: Expenditures reported on the Schedule are reported when the disbursement is received from the pass through entitity. Such expenditures are recognized following the cost priciples contained in the Uniform Guidance, wherein vertain types of expendeitures are not allowable or are limited as to reimbursement. Expenditures reported on the Schedule are reported on the accrul basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The pass-through agencies that provide funding to the Organization derive their support from various funding sources including
federal, state and local. Therefore, expenditures reported on the Schedule are reported when the disbursement is received from the
pass-through entity. 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.
Expenditures reported on the Schedule are reported on the accrual basis of accounting.
Title: Note 3 - Medicaid and Medicare
Accounting Policies: Expenditures reported on the Schedule are reported when the disbursement is received from the pass through entitity. Such expenditures are recognized following the cost priciples contained in the Uniform Guidance, wherein vertain types of expendeitures are not allowable or are limited as to reimbursement. Expenditures reported on the Schedule are reported on the accrul basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
Uniform Guidance does not consider a state’s Medicaid and Medicare payments to a nonfederal entity for providing patient care
services to eligible individuals to be expenditures of federal awards unless the state requires the funds to be treated as federal awards
expended because the payments are on a cost-reimbursement basis.
Title: Note 4 - Indirect Cost Rate
Accounting Policies: Expenditures reported on the Schedule are reported when the disbursement is received from the pass through entitity. Such expenditures are recognized following the cost priciples contained in the Uniform Guidance, wherein vertain types of expendeitures are not allowable or are limited as to reimbursement. Expenditures reported on the Schedule are reported on the accrul basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The Organization has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance for all federal awards.