Audit 42642

Accounting Policies: Note 1. Basis of PresentationThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Mat-Su Health Services, Inc. under programs of the federal government for the year ended June 30, 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 Mat-Su Health Services, Inc., it is not intended to and does not present the financial statements of Mat-Su Health Services, Inc.Note 2. Summary of Significant Accounting PoliciesExpenditures 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Mat-Su Health Services, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform guidance.Note 3. Passed Through AwardsNo amounts were passed through to subrecipients.Note 4. Reconciliation from Schedule of Expenditures of Federal Awards to Statement of ActivitiesThe schedule of expenditures of federal awards differs from the federal sources reported in the statement activities due to the Provide Relief Funding ALN 93.498 of $202,211. These funds were recognized as revenue as of June 30, 2022 however was not required to be reported on the SEFA until June 30, 2023.Expenditures reported on the SEFA$3,189,828Provider Relief Funding202,211Total Federal sources reported on statement of activities$3,392,039 De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.