Title: Funds Provided to Subrecipients
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grantactivity of LifeWays under programs of the federal government for the year ended September 30, 2022.The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code ofFederal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selectedportion of the operations of LifeWays, it is not intended to and does not present the financial position,changes in net position or cash flows of LifeWays.Expenditures reported on the Schedule are reported on the accrual basis of accounting, which is describedin Note 1 to LifeWays' financial statements. Such expenditures are recognized following the cost principlescontained in the Uniform Guidance or other applicable guidance, wherein certain types of expenditures arenot allowable or are limited as to reimbursement. Passthrough entity identifying numbers are presentedwhere available.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
Funds were received by LifeWays in the amount of $9,768 and distributed to one subrecipient; A.R.E., Inc.
Title: Reconciliation to Financial Statements
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grantactivity of LifeWays under programs of the federal government for the year ended September 30, 2022.The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code ofFederal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selectedportion of the operations of LifeWays, it is not intended to and does not present the financial position,changes in net position or cash flows of LifeWays.Expenditures reported on the Schedule are reported on the accrual basis of accounting, which is describedin Note 1 to LifeWays' financial statements. Such expenditures are recognized following the cost principlescontained in the Uniform Guidance or other applicable guidance, wherein certain types of expenditures arenot allowable or are limited as to reimbursement. Passthrough entity identifying numbers are presentedwhere available.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
Grants revenue reported in the financial statements includes revenues from federal, state, and local sources. A reconciliation of the grants revenue to federal expenditures reported on the Schedule is as follows: Grants revenue per financial statements $ 2,483,101Less state and local grants (303,349)Total expenditures of federal awards $ 2,179,752
Title: Pass Through Agencies
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grantactivity of LifeWays under programs of the federal government for the year ended September 30, 2022.The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code ofFederal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selectedportion of the operations of LifeWays, it is not intended to and does not present the financial position,changes in net position or cash flows of LifeWays.Expenditures reported on the Schedule are reported on the accrual basis of accounting, which is describedin Note 1 to LifeWays' financial statements. Such expenditures are recognized following the cost principlescontained in the Uniform Guidance or other applicable guidance, wherein certain types of expenditures arenot allowable or are limited as to reimbursement. Passthrough entity identifying numbers are presentedwhere available.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
LifeWays receives certain federal grants as subawards from nonfederal entities. Passthrough entities, where applicable, have been identified in the schedule with an abbreviation, defined as follows: Passthrough Agency Abbreviation Passthrough Agency NameMDHHS Michigan Department of Health and Human Services