Title: Scope of Single Audit
Accounting Policies: Basis of Accounting - The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of the Combined Operations for the year ended June 30, 2022. The information in the 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). All intercompany transactions and balances have been eliminated in consolidation. For purposes of this report, program or award revenue recognized includes only amounts recorded on an accrual basis of accounting from federal sources, including amounts passed through state and local governments and agencies through the use of accrual accounting in accordance with accounting principles generally accepted in the United States of America. Disbursements/expenditures are recorded on an accrual basis, and revenues are recognized to the extent federal expenditures have been incurred. Catalog of Assistance Listing Numbers (ALN) are presented for those programs for which such numbers are available. The Schedule should be read in conjunction with the combined financial statements of the Combined Operations. Because the Schedule presents only a selected portion of the transactions of the Combined Operations, it is not intended to, and does not present the combined financial position, combined changes in net assets or combined cash flows of the Combined Operations. See a summary of the Schedule by federal agency for the year ended June 30, 2022 on page 66 of the Administrative Service Delivery report for the year ended June 30, 2022. Cost Allocation - Certain entities within the Combined Operations have been budgeted for the allocation of common costs relating to grant programs. Common costs for the Catholic Charities of the Archdiocese are allocated to the specific grants based on a federally negotiated nonprofit rate agreement. Indirect Cost Rate - All entities with federally funded grant operations included in Combined Operations, other than Catholic Charities of the Archdiocese of Chicago and Maryville Academy, have elected to use the de minimis rate for indirect costs as allowed under Uniform Guidance.
De Minimis Rate Used: Both
Rate Explanation: All entities with federally funded grant operations included
Entities Subject to Single AuditThe Administrative and Service Delivery Operations of the Archdiocese of Chicago (the Archdiocese) (the Combined Operations) are not-for-profit organizations. All federally funded grant operations of the Combined Operations are included under the scope of the Single Audit Act (the Single Audit).The following entities represent those entities that are included in Combined Operations and are reported as part of the Single Audit report because they received federal funding in the current fiscal year. Also included in the scope of the Combined Operations of the Single Audit, are separately incorporated Archdiocesan entities not identified here, as these entities have not received federal funding.The Catholic Bishop of Chicago (CBC), a corporation sole, including, but not limited to, these offices, agencies, schools, and seminaries, some of which are not separately incorporated:•Archdiocesan Pastoral Center•Food Service Professionals•Office of Catholic Schools•St. Joseph College Seminary•University of St. Mary of the Lake. Separately Incorporated Archdiocesan Entities:•Ailbe Assisted Housing Corporation•All Saints Senior Housing NFP•Ailbe Senior Housing Corporation•Bernardin Senior Housing Corporation•Brendan Senior Housing Corporation•Catholic Charities Housing Development Corporation•North Center Senior Housing NFP•Frances Senior Housing Corporation•Goedert Senior Housing Corporation•Hayes Senior Housing Corporation•Holy Family Villa•Lawrence Senior Housing Corporation•Maryville Academy•Matthew Senior Housing Corporation•Palos Park Senior Housing NFP•Porta Coeli Senior Housing NFP•Roseland Senior Housing Corporation•St. Leo Assisted Housing NFP•St. Peter Claver Senior Housing Corporation•Sabina Senior Housing Corporation•Northlake Senior Housing NFP•Tolton Senior Housing Corporation
Title: Summary of Significant Accounting Policies
Accounting Policies: Basis of Accounting - The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of the Combined Operations for the year ended June 30, 2022. The information in the 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). All intercompany transactions and balances have been eliminated in consolidation. For purposes of this report, program or award revenue recognized includes only amounts recorded on an accrual basis of accounting from federal sources, including amounts passed through state and local governments and agencies through the use of accrual accounting in accordance with accounting principles generally accepted in the United States of America. Disbursements/expenditures are recorded on an accrual basis, and revenues are recognized to the extent federal expenditures have been incurred. Catalog of Assistance Listing Numbers (ALN) are presented for those programs for which such numbers are available. The Schedule should be read in conjunction with the combined financial statements of the Combined Operations. Because the Schedule presents only a selected portion of the transactions of the Combined Operations, it is not intended to, and does not present the combined financial position, combined changes in net assets or combined cash flows of the Combined Operations. See a summary of the Schedule by federal agency for the year ended June 30, 2022 on page 66 of the Administrative Service Delivery report for the year ended June 30, 2022. Cost Allocation - Certain entities within the Combined Operations have been budgeted for the allocation of common costs relating to grant programs. Common costs for the Catholic Charities of the Archdiocese are allocated to the specific grants based on a federally negotiated nonprofit rate agreement. Indirect Cost Rate - All entities with federally funded grant operations included in Combined Operations, other than Catholic Charities of the Archdiocese of Chicago and Maryville Academy, have elected to use the de minimis rate for indirect costs as allowed under Uniform Guidance.
De Minimis Rate Used: Both
Rate Explanation: All entities with federally funded grant operations included
Basis of Accounting—The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal grant activity of the Combined Operations for the year ended June 30, 2023. The information in the 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”). All intercompany transactions and balances have been eliminated in consolidation. For purposes of this report, program or award revenue recognized includes only amounts recorded on an accrual basis of accounting from federal sources, including amounts passed through state and local governments and agencies through the use of accrual accounting in accordance with accounting principles generally accepted in the United States of America.
Disbursements/expenditures are recorded on an accrual basis, and revenues are recognized to the extent federal expenditures have been incurred. Catalog of Assistance Listing Numbers (“ALN”) are presented for those programs for which such numbers are available.
The Schedule should be read in conjunction with the combined financial statements of the Combined Operations. Because the Schedule presents only a selected portion of the transactions of the Combined Operations, it is not intended to, and does not present the combined financial position, combined changes in net assets or combined cash flows of the Combined Operations.
See a summary of the Schedule by federal agency for the year ended June 30, 2023 below.
Cost Allocation—Certain entities within the Combined Operations have been budgeted for the allocation of common costs relating to grant programs. Common costs for the Catholic Charities of the Archdiocese are allocated to the specific grants based on a federally negotiated nonprofit rate agreement.
Indirect Cost Rate—All entities with federally funded grant operations included in Combined Operations, other than Catholic Charities of the Archdiocese of Chicago and Maryville Academy, have elected to use the de minimis rate for indirect costs as allowed under Uniform Guidance.
Title: Refundable Advances
Accounting Policies: Basis of Accounting - The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of the Combined Operations for the year ended June 30, 2022. The information in the 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). All intercompany transactions and balances have been eliminated in consolidation. For purposes of this report, program or award revenue recognized includes only amounts recorded on an accrual basis of accounting from federal sources, including amounts passed through state and local governments and agencies through the use of accrual accounting in accordance with accounting principles generally accepted in the United States of America. Disbursements/expenditures are recorded on an accrual basis, and revenues are recognized to the extent federal expenditures have been incurred. Catalog of Assistance Listing Numbers (ALN) are presented for those programs for which such numbers are available. The Schedule should be read in conjunction with the combined financial statements of the Combined Operations. Because the Schedule presents only a selected portion of the transactions of the Combined Operations, it is not intended to, and does not present the combined financial position, combined changes in net assets or combined cash flows of the Combined Operations. See a summary of the Schedule by federal agency for the year ended June 30, 2022 on page 66 of the Administrative Service Delivery report for the year ended June 30, 2022. Cost Allocation - Certain entities within the Combined Operations have been budgeted for the allocation of common costs relating to grant programs. Common costs for the Catholic Charities of the Archdiocese are allocated to the specific grants based on a federally negotiated nonprofit rate agreement. Indirect Cost Rate - All entities with federally funded grant operations included in Combined Operations, other than Catholic Charities of the Archdiocese of Chicago and Maryville Academy, have elected to use the de minimis rate for indirect costs as allowed under Uniform Guidance.
De Minimis Rate Used: Both
Rate Explanation: All entities with federally funded grant operations included
The development, construction, and/or rehabilitation of certain Federally Assisted Residences were substantially funded under non-interest-bearing mortgage agreements with the U.S. Department of Housing and Urban Development (HUD). The residences are not required to make principal or interest payments on the mortgage notes, provided they maintain housing in accordance with the Capital Advance Program Use and Regulatory Agreements. If all requirements continue to be met, the mortgages will be considered earned between 40 and 55 years or an earlier date if approved by HUD. The capital advances as of June 30, 2023, were $144,913,023.
Title: Other Noncash Assistance
Accounting Policies: Basis of Accounting - The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of the Combined Operations for the year ended June 30, 2022. The information in the 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). All intercompany transactions and balances have been eliminated in consolidation. For purposes of this report, program or award revenue recognized includes only amounts recorded on an accrual basis of accounting from federal sources, including amounts passed through state and local governments and agencies through the use of accrual accounting in accordance with accounting principles generally accepted in the United States of America. Disbursements/expenditures are recorded on an accrual basis, and revenues are recognized to the extent federal expenditures have been incurred. Catalog of Assistance Listing Numbers (ALN) are presented for those programs for which such numbers are available. The Schedule should be read in conjunction with the combined financial statements of the Combined Operations. Because the Schedule presents only a selected portion of the transactions of the Combined Operations, it is not intended to, and does not present the combined financial position, combined changes in net assets or combined cash flows of the Combined Operations. See a summary of the Schedule by federal agency for the year ended June 30, 2022 on page 66 of the Administrative Service Delivery report for the year ended June 30, 2022. Cost Allocation - Certain entities within the Combined Operations have been budgeted for the allocation of common costs relating to grant programs. Common costs for the Catholic Charities of the Archdiocese are allocated to the specific grants based on a federally negotiated nonprofit rate agreement. Indirect Cost Rate - All entities with federally funded grant operations included in Combined Operations, other than Catholic Charities of the Archdiocese of Chicago and Maryville Academy, have elected to use the de minimis rate for indirect costs as allowed under Uniform Guidance.
De Minimis Rate Used: Both
Rate Explanation: All entities with federally funded grant operations included
Certain federal awards programs include other noncash awards to the Combined Operations. These programs include food commodities. See table on pages 67-69 of the Administrative Service Delivery report for the year ended June 30, 2023.
Title: Amount of Federal Insurance in Effect During the Year
Accounting Policies: Basis of Accounting - The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of the Combined Operations for the year ended June 30, 2022. The information in the 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). All intercompany transactions and balances have been eliminated in consolidation. For purposes of this report, program or award revenue recognized includes only amounts recorded on an accrual basis of accounting from federal sources, including amounts passed through state and local governments and agencies through the use of accrual accounting in accordance with accounting principles generally accepted in the United States of America. Disbursements/expenditures are recorded on an accrual basis, and revenues are recognized to the extent federal expenditures have been incurred. Catalog of Assistance Listing Numbers (ALN) are presented for those programs for which such numbers are available. The Schedule should be read in conjunction with the combined financial statements of the Combined Operations. Because the Schedule presents only a selected portion of the transactions of the Combined Operations, it is not intended to, and does not present the combined financial position, combined changes in net assets or combined cash flows of the Combined Operations. See a summary of the Schedule by federal agency for the year ended June 30, 2022 on page 66 of the Administrative Service Delivery report for the year ended June 30, 2022. Cost Allocation - Certain entities within the Combined Operations have been budgeted for the allocation of common costs relating to grant programs. Common costs for the Catholic Charities of the Archdiocese are allocated to the specific grants based on a federally negotiated nonprofit rate agreement. Indirect Cost Rate - All entities with federally funded grant operations included in Combined Operations, other than Catholic Charities of the Archdiocese of Chicago and Maryville Academy, have elected to use the de minimis rate for indirect costs as allowed under Uniform Guidance.
De Minimis Rate Used: Both
Rate Explanation: All entities with federally funded grant operations included
No federal insurance was received by the Combined Operations during the year ended June 30, 2023.
Title: Relationship to Federal Financial Reports
Accounting Policies: Basis of Accounting - The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of the Combined Operations for the year ended June 30, 2022. The information in the 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). All intercompany transactions and balances have been eliminated in consolidation. For purposes of this report, program or award revenue recognized includes only amounts recorded on an accrual basis of accounting from federal sources, including amounts passed through state and local governments and agencies through the use of accrual accounting in accordance with accounting principles generally accepted in the United States of America. Disbursements/expenditures are recorded on an accrual basis, and revenues are recognized to the extent federal expenditures have been incurred. Catalog of Assistance Listing Numbers (ALN) are presented for those programs for which such numbers are available. The Schedule should be read in conjunction with the combined financial statements of the Combined Operations. Because the Schedule presents only a selected portion of the transactions of the Combined Operations, it is not intended to, and does not present the combined financial position, combined changes in net assets or combined cash flows of the Combined Operations. See a summary of the Schedule by federal agency for the year ended June 30, 2022 on page 66 of the Administrative Service Delivery report for the year ended June 30, 2022. Cost Allocation - Certain entities within the Combined Operations have been budgeted for the allocation of common costs relating to grant programs. Common costs for the Catholic Charities of the Archdiocese are allocated to the specific grants based on a federally negotiated nonprofit rate agreement. Indirect Cost Rate - All entities with federally funded grant operations included in Combined Operations, other than Catholic Charities of the Archdiocese of Chicago and Maryville Academy, have elected to use the de minimis rate for indirect costs as allowed under Uniform Guidance.
De Minimis Rate Used: Both
Rate Explanation: All entities with federally funded grant operations included
The regulations and guidelines governing the preparation of federal financial reports vary by agency and among programs administered by the same agency. Accordingly, the amounts reported in the federal financial reports do not necessarily agree with the amounts reported in the accompanying Schedule of Expenditures of Federal Awards, which is prepared as explained in the note related to significant accounting policies above.
Title: Subsequent Events
Accounting Policies: Basis of Accounting - The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of the Combined Operations for the year ended June 30, 2022. The information in the 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). All intercompany transactions and balances have been eliminated in consolidation. For purposes of this report, program or award revenue recognized includes only amounts recorded on an accrual basis of accounting from federal sources, including amounts passed through state and local governments and agencies through the use of accrual accounting in accordance with accounting principles generally accepted in the United States of America. Disbursements/expenditures are recorded on an accrual basis, and revenues are recognized to the extent federal expenditures have been incurred. Catalog of Assistance Listing Numbers (ALN) are presented for those programs for which such numbers are available. The Schedule should be read in conjunction with the combined financial statements of the Combined Operations. Because the Schedule presents only a selected portion of the transactions of the Combined Operations, it is not intended to, and does not present the combined financial position, combined changes in net assets or combined cash flows of the Combined Operations. See a summary of the Schedule by federal agency for the year ended June 30, 2022 on page 66 of the Administrative Service Delivery report for the year ended June 30, 2022. Cost Allocation - Certain entities within the Combined Operations have been budgeted for the allocation of common costs relating to grant programs. Common costs for the Catholic Charities of the Archdiocese are allocated to the specific grants based on a federally negotiated nonprofit rate agreement. Indirect Cost Rate - All entities with federally funded grant operations included in Combined Operations, other than Catholic Charities of the Archdiocese of Chicago and Maryville Academy, have elected to use the de minimis rate for indirect costs as allowed under Uniform Guidance.
De Minimis Rate Used: Both
Rate Explanation: All entities with federally funded grant operations included
Management has evaluated events occurring subsequent to June 30, 2023 through the date the financial statements were available to be issued.