Title: NOTE A - GENERAL
Accounting Policies: The accompanying Schedules of Expenditures of Federal and State Awards (the Schedule) presents the activity of all applicable federal and state awards of United Way of Metropolitan Dallas, Inc. (United Way). Direct federal awards and those federal awards passed through other government agencies are included. The accompanying Schedule is presented using the accrual basis of accounting. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Adminstrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the State of Texas Single Audit Circular included in the Uniform Grant Management Standards issued by the Governors Office of Budget and Planning of the State of Texas. Therefore, some amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the consolidated financial statements.
De Minimis Rate Used: Y
Rate Explanation: United Way has elected to use the 10% de minimis indirect cost rate.
The accompanying Schedules of Expenditures of Federal and State Awards (the “Schedule”) presents the activity of all applicable federal and state awards of United Way of Metropolitan Dallas, Inc. (“United Way”). Direct federal awards and those federal awards passed through other government agencies are included.
Title: NOTE B - BASIS OF PRESENTATION
Accounting Policies: The accompanying Schedules of Expenditures of Federal and State Awards (the Schedule) presents the activity of all applicable federal and state awards of United Way of Metropolitan Dallas, Inc. (United Way). Direct federal awards and those federal awards passed through other government agencies are included. The accompanying Schedule is presented using the accrual basis of accounting. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Adminstrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the State of Texas Single Audit Circular included in the Uniform Grant Management Standards issued by the Governors Office of Budget and Planning of the State of Texas. Therefore, some amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the consolidated financial statements.
De Minimis Rate Used: Y
Rate Explanation: United Way has elected to use the 10% de minimis indirect cost rate.
The accompanying Schedule is presented using the accrual basis of accounting. 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) and the State of Texas Single Audit Circular included in the Uniform Grant
Management Standards issued by the Governor’s Office of Budget and Planning of the State of Texas.
Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the
preparation of, the consolidated financial statements.
Title: NOTE C - NON-CASH ASSISTANCE
Accounting Policies: The accompanying Schedules of Expenditures of Federal and State Awards (the Schedule) presents the activity of all applicable federal and state awards of United Way of Metropolitan Dallas, Inc. (United Way). Direct federal awards and those federal awards passed through other government agencies are included. The accompanying Schedule is presented using the accrual basis of accounting. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Adminstrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the State of Texas Single Audit Circular included in the Uniform Grant Management Standards issued by the Governors Office of Budget and Planning of the State of Texas. Therefore, some amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the consolidated financial statements.
De Minimis Rate Used: Y
Rate Explanation: United Way has elected to use the 10% de minimis indirect cost rate.
United Way has not received any non-cash assistance, such as commodities, food stamps, or surplus property, insurance provided by a federal or state agency, or federal or state loans and/or loan guarantees.
Title: NOTE D - INDIRECT COSTS
Accounting Policies: The accompanying Schedules of Expenditures of Federal and State Awards (the Schedule) presents the activity of all applicable federal and state awards of United Way of Metropolitan Dallas, Inc. (United Way). Direct federal awards and those federal awards passed through other government agencies are included. The accompanying Schedule is presented using the accrual basis of accounting. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Adminstrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the State of Texas Single Audit Circular included in the Uniform Grant Management Standards issued by the Governors Office of Budget and Planning of the State of Texas. Therefore, some amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the consolidated financial statements.
De Minimis Rate Used: Y
Rate Explanation: United Way has elected to use the 10% de minimis indirect cost rate.
United Way has elected to use the 10% de minimis indirect cost rate.