Notes to SEFA
Title: Note A ̶ Basis of presentation:
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. However, certain amounts reported on the Schedule for the U.S. Department of Health and Human Services (HHS) Provider Relief Fund and American Rescue Rural Distribution are reported based upon when the reports that are required to be submitted to the U.S. Health Resources & Services Administration reporting portal for Period 4 funds, as defined by HHS. These funds were allowed to be used for certain expenditures including lost revenue, as defined in the Terms and Conditions issued by HHS. Period 4 funds totaling $35,388 were for use during the period of availability January 1, 2020 through December 31, 2022 and were reported on during the year ended June 30, 2023. Such expenditures follow the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. No awards were passed through to subrecipients.
De Minimis Rate Used: N
Rate Explanation: The Center has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of Federal awards (Schedule) includes the Federal award activity of The Nord Center (a Subsidiary of Norcare Enterprises, Inc.) (the "Center") under programs of the Federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of 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 the Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Center.