Notes to SEFA
Title: Loan/loan guarantee outstanding balances
Accounting Policies: Basis of PresentationThe accompanying Schedule of Expenditures of Federal Awards (SEFA) includes all federal grantactivity of Cowlitz Family Health Center (the Center) and is presented using the accrual basis ofaccounting in accordance with accounting principles generally accepted in the Unites States ofAmerica. The information in the SEFA is presented in accordance with the requirements of Title 2U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles,and Audit Requirements for Federal Awards (Uniform Guidance). Because the SEFA presents onlya selected portion of the operations of the Center, it is not intended to and does not present thefinancial position, changes in net assets, or cash flows of the Center. Therefore, some amountspresented in the SEFA may differ from amounts presented in, or used in the preparation of, thefinancial statements.Pass-through identifying numbers are presented when available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 764880.
Title: Expenditures
Accounting Policies: Basis of PresentationThe accompanying Schedule of Expenditures of Federal Awards (SEFA) includes all federal grantactivity of Cowlitz Family Health Center (the Center) and is presented using the accrual basis ofaccounting in accordance with accounting principles generally accepted in the Unites States ofAmerica. The information in the SEFA is presented in accordance with the requirements of Title 2U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles,and Audit Requirements for Federal Awards (Uniform Guidance). Because the SEFA presents onlya selected portion of the operations of the Center, it is not intended to and does not present thefinancial position, changes in net assets, or cash flows of the Center. Therefore, some amountspresented in the SEFA may differ from amounts presented in, or used in the preparation of, thefinancial statements.Pass-through identifying numbers are presented when available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Expenditures reported on the SEFA are recognized following cost principles in the UniformGuidance, wherein certain types of expenditures are not allowable or are limited as toreimbursement. Amounts reported on the SEFA for the COVID-19: Provider Relief Fund andAmerican Rescue Plan (ARP) Rural Distribution (Assistance Listing Number 93.498) are based onlost revenue incurred during the period four Provider Relief Fund report and received betweenJuly 1, 2021 and December 31, 2021.