Notes to SEFA
Title: Basis of Accounting
Accounting Policies: GENERALThe accompanying schedule of expenditures of federal awards (the Schedule) summarizes the activity of all federal award activity of Anthony L. Jordan Health Corporation and Affiliate (collectively, the Corporation) 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 Corporations operations, it is not intended to, and does not, present the financial position, change in net assets, or cash flows of the Corporation.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
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.
Title: Nonmonetary Assistance
Accounting Policies: GENERALThe accompanying schedule of expenditures of federal awards (the Schedule) summarizes the activity of all federal award activity of Anthony L. Jordan Health Corporation and Affiliate (collectively, the Corporation) 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 Corporations operations, it is not intended to, and does not, present the financial position, change in net assets, or cash flows of the Corporation.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Nonmonetary assistance is reported in the Schedule at the fair value of the WIC checks received. The total federal share of food instruments distributed by the Corporation amounted to $2,510,938.