Title: Department of Health and Human Services Provider Relief Funds
Accounting Policies: Basis of PresentationThe accompanying Schedule of Expenditures of Federal Awards, Schedule of Expenditures of State Awards, and Supplemental Statements of Program Expenditures and Program Revenues (the Schedules), which include the Federal and State of New Jersey grant transactions of The Childrens Hospital of Philadelphia Foundation and Controlled Affiliates (the Enterprise), and the federal funds passed through the City of Philadelphia, are recorded on the cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America. Because the Schedules present only a selected portion of the operations of the Enterprise, they are not intended to and do not present the financial position, changes in net assets or cash flows of the Enterprise. The information in these Schedules is presented in accordance with the requirements of Government Auditing Standards, issued by the Comptroller General of the United States; and the audit 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), the State of New Jersey Single Audit Policy Circular Letter 15-08-OMB.Negative amounts represent adjustments or credits to amounts reported as expenditures in prior years. The pass-through ID numbers were noted in the Schedule of Expenditures of Federal Awards when available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. Expenditures consist of direct costs and indirect costs. The Enterprise applies its predetermined approved facilities and administration rate when charging indirect costs to federal awards rather than the 10% de minimis cost rate as described in Section 200.414 of the Uniform Guidance.
The Enterprise was the recipient of funding under Assistance Listing 93.498, Department of Health and Human Services (HHS) Coronavirus Aid Relief and Economic Security (CARES) Act Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution (PRF). The grant activity presented in the Schedule of Expenditures of Federal awards associated with this Assistance Listing includes all Period 2 and Period 3 funding received between July 1, 2020 and June 30, 2021 as reported to HRSA via the PRF Reporting Portal and includes lost revenues and direct expenditures. The Schedule of Expenditures of Federal Awards includes $114,972,688 of Provider Relief Funds received that have been covered by $23,098 of direct expenditures and $114,949,590 of lost revenues. Business NameEINPayments plus interest Received Lost RevenuesDirect ExpendituresChildrens Hospital of Philadelphia23-1352166$105,204,807$105,181,709$23,098*Childrens Health Care Associates of NJ, PC23-3036699$4,714,033$4,714,033$0 Childrens Radiology Associates of New Jersey, P.C.81-1626790$44,830$44,830$0Childrens Surgical Associates, Ltd.23-2589322$190,500$190,500$0Childrens Anesthesiology Assoc Ltd23-2592835$3,975,414$3,975,414$0Childrens Anesthesiology Assoc of NJ22-3405673$266,992$266,992$0Radiology Associates of Childrens Hospital, Inc.23-2665855$576,112$576,112$0Totals$114,972,688$114,949,590$23,098*Total expenses actually reported in the Period 2 reporting portal submission were $2,355,345. See finding 2022-001