Notes to SEFA
Accounting Policies: Note A Basis of PresentationThe above schedule of expenditures of federal awards includes the federal award activity of Fathers Heart A Ranch for Children, Inc. under programs of the federal government for the year ended December 31,2022 is presented on the accrual basis of accounting. The information in this schedule is presented inaccordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (UniformGuidance). Therefore, because the Schedule presents only a selected portion of the operations of FathersHeart A Ranch for Children, Inc., it is not intended to and does not present the financial position, changesin net assets or cash flows of Fathers Heart A Ranch for Children, Inc.Note B STRTP FundingDuring the year ended December 31, 2022, funds totaling $3,373,982 was received from the CaliforniaDepartment of Social Services. While the grant agreement indicates that the source of the funds includesboth federal (CFDA 93.658) and state awards, the grantor has not provided the Organization with theamount of federal funds included. Because the federal portion of the expenditures is unknown, the fullamount is included in the above schedule of expenditures of federal awards.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.