Title: Basis of Presentation
Accounting Policies: Expenditures, for other than COVID-19 Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution (PRF), reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Schedule includes Catalog of Federal Domestic Assistance (CFDA) and pass-through award numbers when available. Expenditures for PRF are reported on the Schedule based on guidance issued by the Health Resources & Services Administration. That guidance states that funds received in Periods 4 and 5 from July 1, 2021 through December 31, 2021 and January 1, 2022 through June 30, 2022, respectively, and used during the period of availability of January 1, 2020 to December 31, 2022 and January 1, 2020 to June 30, 2023, respectively, are included on the Schedule for the year ended June 30, 2023.
De Minimis Rate Used: Y
Rate Explanation: The Organization elected to use the 10% de minimis indirect cost rate.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of the Organization 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 US. 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 the Organization, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Organization.
Title: Summary of Significant Accounting Policies
Accounting Policies: Expenditures, for other than COVID-19 Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution (PRF), reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Schedule includes Catalog of Federal Domestic Assistance (CFDA) and pass-through award numbers when available. Expenditures for PRF are reported on the Schedule based on guidance issued by the Health Resources & Services Administration. That guidance states that funds received in Periods 4 and 5 from July 1, 2021 through December 31, 2021 and January 1, 2022 through June 30, 2022, respectively, and used during the period of availability of January 1, 2020 to December 31, 2022 and January 1, 2020 to June 30, 2023, respectively, are included on the Schedule for the year ended June 30, 2023.
De Minimis Rate Used: Y
Rate Explanation: The Organization elected to use the 10% de minimis indirect cost rate.
Expenditures, for other than COVID-19 Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution (PRF), reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Schedule includes Catalog of Federal Domestic Assistance (CFDA) and pass-through award numbers when available.
Expenditures for PRF are reported on the Schedule based on guidance issued by the Health Resources & Services Administration. That guidance states that funds received in Periods 4 and 5 from July 1, 2021 through December 31, 2021 and January 1, 2022 through June 30, 2022, respectively, and used during the period of availability of January 1, 2020 to December 31, 2022 and January 1, 2020 to June 30, 2023, respectively, are included on the Schedule for the year ended June 30, 2023.
Title: Indirect Cost Rate
Accounting Policies: Expenditures, for other than COVID-19 Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution (PRF), reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Schedule includes Catalog of Federal Domestic Assistance (CFDA) and pass-through award numbers when available. Expenditures for PRF are reported on the Schedule based on guidance issued by the Health Resources & Services Administration. That guidance states that funds received in Periods 4 and 5 from July 1, 2021 through December 31, 2021 and January 1, 2022 through June 30, 2022, respectively, and used during the period of availability of January 1, 2020 to December 31, 2022 and January 1, 2020 to June 30, 2023, respectively, are included on the Schedule for the year ended June 30, 2023.
De Minimis Rate Used: Y
Rate Explanation: The Organization elected to use the 10% de minimis indirect cost rate.
The Organization elected to use the 10% de minimis indirect cost rate.
Title: Community Facilities Loans and Grants
Accounting Policies: Expenditures, for other than COVID-19 Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution (PRF), reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Schedule includes Catalog of Federal Domestic Assistance (CFDA) and pass-through award numbers when available. Expenditures for PRF are reported on the Schedule based on guidance issued by the Health Resources & Services Administration. That guidance states that funds received in Periods 4 and 5 from July 1, 2021 through December 31, 2021 and January 1, 2022 through June 30, 2022, respectively, and used during the period of availability of January 1, 2020 to December 31, 2022 and January 1, 2020 to June 30, 2023, respectively, are included on the Schedule for the year ended June 30, 2023.
De Minimis Rate Used: Y
Rate Explanation: The Organization elected to use the 10% de minimis indirect cost rate.
Loans outstanding at the beginning of the year are included in the federal expenditures presented in the Schedule. The balance of the loan outstanding under the Community Facilities Loans and Grants program, federal assistance listing number 10.766, as of June 30, 2023 was $0.