Title: NOTE 1 - GENERAL INFORMATION
Accounting Policies: BASIS OF ACCOUNTING
The Schedule is presented using the accrual basis of accounting. Expenditures of federal, state, and city awards are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200.320, Commonwealth of Pennsylvania Department of Human Services Audit Guide and the City of Philadelphia Subrecipient Audit Guide wherein certain types of expenditures are not allowable or are limited as to reimbursement. The amounts reported in this Schedule as expenditures may differ from certain financial reports submitted to federal, state, or city agencies due to those reports being submitted on either a cash or mOdified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: INDIRECT COST RATE
The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal, state, and city awards (“the Schedule”) presents the activities in all the federal, state, and city awards programs of Caring People Alliance (“Organization”). All financial awards expended directly from federal, state, and city agencies, as
well as financial awards passed through other governmental agencies or nonprofit organizations are included on the Schedule. The Schedule has been prepared solely to comply 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, Commonwealth of Pennsylvania Department of Human Services Audit Guide and the City of Philadelphia Subrecipient
Audit Guide. Because the Schedule submitted is limited to these requirements, this information is not intended to present the financial position and results of operations of the Organization in accordance with generally accepted accounting principles in the United States of America.
Title: NOTE 2 - BASIS OF ACCOUNTING
Accounting Policies: BASIS OF ACCOUNTING
The Schedule is presented using the accrual basis of accounting. Expenditures of federal, state, and city awards are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200.320, Commonwealth of Pennsylvania Department of Human Services Audit Guide and the City of Philadelphia Subrecipient Audit Guide wherein certain types of expenditures are not allowable or are limited as to reimbursement. The amounts reported in this Schedule as expenditures may differ from certain financial reports submitted to federal, state, or city agencies due to those reports being submitted on either a cash or mOdified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: INDIRECT COST RATE
The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The Schedule is presented using the accrual basis of accounting. Expenditures of federal, state, and city awards are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200.320, Commonwealth of Pennsylvania Department of Human Services Audit Guide and the City of Philadelphia Subrecipient Audit Guide wherein certain types of expenditures are not allowable or are limited as to reimbursement. The amounts reported in this Schedule as expenditures may differ from certain financial reports submitted to federal, state, or city agencies due to those reports being submitted on either a cash or modified accrual basis of accounting.
Title: NOTE 3 - INDIRECT COST RATE
Accounting Policies: BASIS OF ACCOUNTING
The Schedule is presented using the accrual basis of accounting. Expenditures of federal, state, and city awards are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200.320, Commonwealth of Pennsylvania Department of Human Services Audit Guide and the City of Philadelphia Subrecipient Audit Guide wherein certain types of expenditures are not allowable or are limited as to reimbursement. The amounts reported in this Schedule as expenditures may differ from certain financial reports submitted to federal, state, or city agencies due to those reports being submitted on either a cash or mOdified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: INDIRECT COST RATE
The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Title: NOTE 4 - STATE CLUSTER
Accounting Policies: BASIS OF ACCOUNTING
The Schedule is presented using the accrual basis of accounting. Expenditures of federal, state, and city awards are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200.320, Commonwealth of Pennsylvania Department of Human Services Audit Guide and the City of Philadelphia Subrecipient Audit Guide wherein certain types of expenditures are not allowable or are limited as to reimbursement. The amounts reported in this Schedule as expenditures may differ from certain financial reports submitted to federal, state, or city agencies due to those reports being submitted on either a cash or mOdified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: INDIRECT COST RATE
The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
For the purposes of the Commonwealth of Pennsylvania, the following Federal programs are to be reported as a cluster under the Early Learning Resource Center Region 18 program: Assistance Listing #10.561, #21.027, #93.558, #93.575, #93.596, and #93.667.
Title: NOTE 5 - SUBRECIPIENTS
Accounting Policies: BASIS OF ACCOUNTING
The Schedule is presented using the accrual basis of accounting. Expenditures of federal, state, and city awards are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200.320, Commonwealth of Pennsylvania Department of Human Services Audit Guide and the City of Philadelphia Subrecipient Audit Guide wherein certain types of expenditures are not allowable or are limited as to reimbursement. The amounts reported in this Schedule as expenditures may differ from certain financial reports submitted to federal, state, or city agencies due to those reports being submitted on either a cash or mOdified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: INDIRECT COST RATE
The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The Organization does not have any subrecipients.