Title: NOTE A – BASIS OF PRESENTATION
Accounting Policies: The accompanying schedule of expenditure of federal awards includes the federal grant activity of Catholic Charities of the Diocese of Baton Rouge, Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10 percent de minimus interest cost rate as allowed under Uniform Guidance.
The accompanying schedule of expenditure of federal awards includes the federal grant activity of Catholic Charities of the Diocese of Baton Rouge, Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations.
Title: NOTE B - RECONCILIATION OF EXPENSES TO FEDERAL EXPENDITURES AND TO GRANT REVENUES
Accounting Policies: The accompanying schedule of expenditure of federal awards includes the federal grant activity of Catholic Charities of the Diocese of Baton Rouge, Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10 percent de minimus interest cost rate as allowed under Uniform Guidance.
Reconciliation of expenses to federal expenditures:
Total Expenses $ 12,376,576
Less: Non-Federal Award Expenses 6,069,822
Total Federal Expenditures $ 6,306,754
Reconciliation to grant assistance revenues:
Total Federal expenditures $ 6,306,754
Commodities on hand (96,938)
State assistance received 75,090
Total Grant Assistance $ 6,284,906
Title: NOTE C – INDIRECT COST RATE
Accounting Policies: The accompanying schedule of expenditure of federal awards includes the federal grant activity of Catholic Charities of the Diocese of Baton Rouge, Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10 percent de minimus interest cost rate as allowed under Uniform Guidance.
The Organization has not elected to use the 10 percent de minimus interest cost rate as allowed under Uniform Guidance.
Title: NOTE D – FOOD DISTRIBUTION
Accounting Policies: The accompanying schedule of expenditure of federal awards includes the federal grant activity of Catholic Charities of the Diocese of Baton Rouge, Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10 percent de minimus interest cost rate as allowed under Uniform Guidance.
Non-monetary assistance is reported in the schedule at fair market value of the commodities received and disbursed.