Title: 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 and State of New Jersey, Department of Treasury, Office of Management and Budget Circular 15-08, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Metropolitan has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying schedule of expenditures of federal and state awards (the "Schedule") includes the federal and state awards of Metropolitan Family Health Network, Inc. ("Metropolitan") under programs of the federal and New Jersey state governments 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") and State of New Jersey, Department of Treasury, Office of Management and Budget Circular 15-08. Because the Schedule presents only a selected portion of the operations of Metropolitan, it is not intended to and does not present the financial position, change in net assets, or cash flows of Metropolitan.
Title: COVID-19 - Provider Relief Fund and American Rescue Plan (ARP)
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 and State of New Jersey, Department of Treasury, Office of Management and Budget Circular 15-08, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Metropolitan has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
For the HHS awards related to the Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution (PRF) program, HHS has indicated the amounts on the Schedule should be reported corresponding to reporting requirements of the HRSA PRF Reporting Portal. Payments from HHS for PRF are assigned to 'Payment Received Periods' (each, a Period) based upon the date each payment from the PRF 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 Period's deadline to use the funds (i.e., after the end of the Period of Availability).The Schedule includes $1,207,762 received on December 16, 2021. In accordance with guidance from HHS, the amount received is presented as Period 4. Such amount was recognized as DHHS grant revenue in the financial statements for the year ended December 31, 2021.
Title: Other items
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 and State of New Jersey, Department of Treasury, Office of Management and Budget Circular 15-08, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Metropolitan has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Metropolitan contracted with the State of New Jersey Department of Health and Senior Services to provide health and medical services to the uninsured population under the Preventive and Primary Care Program. This Letter of Agreement pays Metropolitan a fixed amount per visit regardless of the actual costs incurred. During the year ended December 31, 2022, the amount earned and recognized as revenue under this Letter of Agreement for the contract period from July 1, 2021 to June 30, 2022 was $245,328 and for the contract period from July 1, 2022 to June 30, 2023 was $200,285.