Notes to SEFA
Title: Reconciliation of Schedule of Expenditures of Federal Awards to Financial S
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Alaska Network on Domestic Violence and Sexual Assault, Inc. under programs of the federal government for the year ended June 30, 2022. The information in this 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). Because the Schedule presents only a selected portion of the operations of Alaska Network on Domestic Violence and Sexual Assault, Inc, it is not intended to and does not present the basic financial statements of Alaska Network on Domestic Violence and Sexual Assault, Inc. Expenditures 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. Alaska Network on Domestic Violence and Sexual Assault, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The following is a reconciliation of grant revenue reported in ANDVSAs financial statements to expenditures reported in the Schedule of Expenditures of Federal AwardsGrant revenues as reported in the financial statements$2,102,364Less: State grants received where ANDVSA considered as a beneficiary 2,781Expenditures as reported on the Schedule of Expenditures of Federal Awards$2,099,583