Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards (the Schedule) are reported on the accrual basis of accounting with the exception of not including accrued vacation. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations, Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate asallowed under the Uniform Guidance if an indirect cost rate percentage was not set in the grantagreement..
The Schedule includes the federal award activity of Prevent Child Abuse North Dakota 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 Prevent Child Abuse North Dakota, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Prevent Child Abuse North Dakota.
Title: FINANCIAL STATEMENT RECONCILIATION
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards (the Schedule) are reported on the accrual basis of accounting with the exception of not including accrued vacation. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations, Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate asallowed under the Uniform Guidance if an indirect cost rate percentage was not set in the grantagreement..
The total amount of federal expenditures shown on the Schedule is $1,330,860. This amount plus state grants received of $123,967, equals $1,454,827 in total grant revenue as shown on the Statement of Activities.