Title: Note 1: General
Accounting Policies: Note 2: Summary of Significant Accounting PoliciesWith the exception of expenditures related to the Provider Relief Fund (PRF), expenditures on the Schedule arereported on the accrual basis of accounting and are recognized following the cost principles contained in theUniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.The PRF is not subject to cost principles requirements contained in the Uniform Guidance. Expenditures reportedon the Schedule for PRF are based on the PRF period of availability, terms and conditions of the PRF program, andamounts reported in the PRF portal for the reporting period two, due on March 31, 2022, and reporting periodthree, due on September 30, 2022.
De Minimis Rate Used: N
Rate Explanation: Note 3: Indirect Cost RateClinicas Del Camino Real, Inc. and Subsidiaries have elected not to use the 10-percent de minimis indirect cost rateallowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal (the Schedule) includes the federal grant activity of Clinicas Del Camino Real, Inc. and Subsidiaries under programs of the federal government for the year ended June 30, 2022. The information in the Schedule is presented in accordance with requirements of the 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 Clinicas Del Camino Real, Inc. and Subsidiaries, it is not intended to and does not present thefinancial position, changes in net assets, or cash flows of Clinicas Del Camino Real, Inc. and Subsidiaries.
Title: Note 4: Subrecipients
Accounting Policies: Note 2: Summary of Significant Accounting PoliciesWith the exception of expenditures related to the Provider Relief Fund (PRF), expenditures on the Schedule arereported on the accrual basis of accounting and are recognized following the cost principles contained in theUniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.The PRF is not subject to cost principles requirements contained in the Uniform Guidance. Expenditures reportedon the Schedule for PRF are based on the PRF period of availability, terms and conditions of the PRF program, andamounts reported in the PRF portal for the reporting period two, due on March 31, 2022, and reporting periodthree, due on September 30, 2022.
De Minimis Rate Used: N
Rate Explanation: Note 3: Indirect Cost RateClinicas Del Camino Real, Inc. and Subsidiaries have elected not to use the 10-percent de minimis indirect cost rateallowed under the Uniform Guidance.
Clinicas Del Camino Real, Inc. and Subsidiaries do not have any subrecipients of federal or state awards.
Title: Note 5: Provider Relief Funds
Accounting Policies: Note 2: Summary of Significant Accounting PoliciesWith the exception of expenditures related to the Provider Relief Fund (PRF), expenditures on the Schedule arereported on the accrual basis of accounting and are recognized following the cost principles contained in theUniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.The PRF is not subject to cost principles requirements contained in the Uniform Guidance. Expenditures reportedon the Schedule for PRF are based on the PRF period of availability, terms and conditions of the PRF program, andamounts reported in the PRF portal for the reporting period two, due on March 31, 2022, and reporting periodthree, due on September 30, 2022.
De Minimis Rate Used: N
Rate Explanation: Note 3: Indirect Cost RateClinicas Del Camino Real, Inc. and Subsidiaries have elected not to use the 10-percent de minimis indirect cost rateallowed under the Uniform Guidance.
Clinicas Del Camino Real, Inc. and Subsidiaries incorrectly recognized $740,619 of PRF on the Schedule of Expenditures of Federal Awards (SEFA) for the year ended June 30, 2021. The SEFA for the year ended June 30, 2021, was audited by a different audit firm. Clinicas Del Camino Real, Inc. and Subsidiaries chose to include the amount again on the SEFA for the year ended June 30, 2022, based on the period two reporting requirements ofthe PRF.