Notes to SEFA
Title: Note 4. Donated Personal Protective Equipment (Unaudited)
Accounting Policies: 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. The reimbursement of indirect costs reflected in the accompanying financial statements as federal grant revenue is subject to final approval by federal grantors and could be adjusted upon the results of these reviews. Management believes that the results of any such adjustment will not be material to WWHs financial position or change in net assets.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
During the year ended December 31, 2022, WWHS did not receive donated personal protective equipment.
Title: Note 5. Reconciliation of Schedule of Expenditures of Federal Awards to the
Accounting Policies: 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. The reimbursement of indirect costs reflected in the accompanying financial statements as federal grant revenue is subject to final approval by federal grantors and could be adjusted upon the results of these reviews. Management believes that the results of any such adjustment will not be material to WWHs financial position or change in net assets.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
For the year ended December 31, 2022, WWH recognized $4,533,791 of revenue from federal/pass-through grants, which is included in grants and contributions revenue along with other non-federal grants and other revenues of $1,563,435 and contributions of $2,970,356 in the accompanying consolidated statements of activities. WWH recognizes federal revenue based on allowable direct and fringe benefit costs incurred. Federal expenditures are allocated on a functional basis within the consolidated statement of activities.
Title: Note 1.Basis of Presentation
Accounting Policies: 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. The reimbursement of indirect costs reflected in the accompanying financial statements as federal grant revenue is subject to final approval by federal grantors and could be adjusted upon the results of these reviews. Management believes that the results of any such adjustment will not be material to WWHs financial position or change in net assets.
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 award activity of Whitman-Walker Health System, Inc (WWHS) under programs of the federal government for the year ended December 31, 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 WWHS, it is not intended to and does not present the financial position, changes in net assets or cash flows of WWHS.