Notes to SEFA
Title: Note A--Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance and/or OMB Circular A-122 Cost Principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of Mountain Comprehensive Care Center, Inc. (the Corporation). The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part200, 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 Corporation, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Corporation.We have audited the consolidated financial statements of Mountain Comprehensive Care Center, Inc. and Affiliate (the Organization) as of and for the year ended June 30, 2022. The Organization consists of two entities, discussed in Note A to the consolidated financial statements. Our audit of compliance only includes the federal grant activity of Mountain Comprehensive Care Center, Inc. because the affiliated entity does not receive or expend federal awards.
Title: Note D--Unreported Federal Awards
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance and/or OMB Circular A-122 Cost Principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
During the fiscal year ended June 30, 2022, the Corporation received $374,178 in funds from the Provider Relief Fund (Assistance Listing # 93.498), which has been excluded from the Schedule in accordance with guidance provided in the OMBs 2022 Compliance Supplement published in April 2022.