Audit 40602

Accounting Policies: The accompanying schedule of expenditures of federal awards (Schedule) includes the federal grant activity of Brattleboro Retreat under programs of the federal government for the year ended December31,2022. 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). Because the Schedule presents only a selected portion of the operations of Brattleboro Retreat, it is not intended to and does not present the financial position, changes in net assets or cash flows of Brattleboro Retreat.Expenditures reported on the Schedule 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. COVID-19 Provider Relief Fund Assistance Listing Number 93.498.For the U.S Department of Health and Human Services (HHS) awards related to the Provider Relief Fund (PRF) program, HHS has indicated the amounts on the Schedule be reported corresponding to reporting requirements of the HHS 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 PRF payment 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 Periods deadline to use the funds (i.e., after the end of the Period of Availability).The Schedule includes $968,515 received from HHS between January 1, 2021 through December 31, 2021 (Period 3 and Period 4). In accordance with guidance from HHS, this amount is presented in the Schedule in total. For the years ended December 31, 2022 and 2021, Brattleboro Retreats financial statements expended $2,182,795 and $3,912,932, respectively as PRF revenue. Based on the PRF reporting requirements, the amounts reported in the HRSA Reporting Portal for Period 3 and Period 4 may not be consistent with the amount of PRF recognized in the Retreat's financial statements that include each reporting Period. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.