Audit 56020

Accounting Policies: NOTE 1 BASIS FOR PRESENTATIONThe accompanying Schedule of Expenditures of Federal Awards (the Schedule)summarizes the federal awards activity of Bartz-Altadonna Community Health Center(the Organization) under the programs of the federal government for the year endedDecember 31, 2022. The information in the Schedule is presented in accordance withthe requirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for FederalAwards (Uniform Guidance). Because the Schedule presents only a selected portionof the operations of the Organization, it is not intended to, and does not present thefinancial position, changes in net assets, or cash flows of the Organization as of andfor the year ended December 31, 2022.NOTE 2 BASIS OF ACCOUNTINGExpenditures reported on the Schedule are recognized on the accrual basis ofaccounting. Such expenditures are recognized following the cost principles containedin the Uniform Guidance, wherein certain types of expenditures are not allowable orare limited as to reimbursement.The Organization has elected not to use the 10-percent de minimis indirect cost rateallowed under the Uniform Guidance.NOTE 3 RELATIONSHIP OF SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS TOTHE FINANCIAL STATEMENTSConsistent with managements policy, federal awards are recorded in variousrevenue categories. As a result, the amount of total federal awards expendedreported on the Schedule does not agree with total grant revenue on the Statementof Activities as presented in the Organizations Audited Financial Statements as of andfor the year ended December 31, 2022. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.