Notes to SEFA
Title: Note 7: FEMA EXPENDITURES
Accounting Policies: Basis of Presentation This schedule includes the activity of CommCare Corporation (the Company) and is presented on the accrual basis of accounting. 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 Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The recognition and timing of FEMA expenditures and the obligation of funding differs from the fiscal year end of the Company. The federal expenditures for the year ended June 30, 2022 includes $921,161 of expenditures reported in June 30, 2021 on the consolidated statements of revenues, expenses and changes in net assets
Title: Note 3: LOAN
Accounting Policies: Basis of Presentation This schedule includes the activity of CommCare Corporation (the Company) and is presented on the accrual basis of accounting. 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 Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Company did not expend federal awards related to loans or loan guarantees during the year.
Title: Note 4: FEDERALLY FUNDED INSURANCE
Accounting Policies: Basis of Presentation This schedule includes the activity of CommCare Corporation (the Company) and is presented on the accrual basis of accounting. 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 Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Company has no federally funded insurance.
Title: Note 5: NONCASH ASSISTANCE
Accounting Policies: Basis of Presentation This schedule includes the activity of CommCare Corporation (the Company) and is presented on the accrual basis of accounting. 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 Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Company did not receive any federal noncash assistance for the fiscal year ended June 30, 2022.
Title: Note 6: RECONCILIATION OF FEDERAL EXPENDITURES TO CONTRIBUTION AND GRANT RE
Accounting Policies: Basis of Presentation This schedule includes the activity of CommCare Corporation (the Company) and is presented on the accrual basis of accounting. 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 Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The reporting period for Provider Relief Fund (PRF) periods two and three were for distributions received from July 1, 2020 through June 30, 2021. The reporting period for PRF differs from the fiscal year end of the Company. Below is a reconciliation of the schedule of expenditures of federal awards to the contribution and grant revenues as presented on the consolidated statements of revenues, expenses, and changes in net assets of the Company. See table in report.