Title: Note 5. Contingencies
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the National Wild Turkey Federation, Inc. and Affiliates (the Federation) under programs of the federal government for the year ended August 31, 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 the Federation, it is not intended to and does not present either the financial position, changes in net assets, functional expenses, or cash flows of the Federation. Note 2. 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. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
These award programs are subject to financial and compliance audits by grantor agencies. The amount, if any, of expenditures that may be disallowed by the grantor agencies cannot be determined at this time, although the Federation expects such amounts, if any, to be immaterial.
Title: Note 4. Noncash Awards
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the National Wild Turkey Federation, Inc. and Affiliates (the Federation) under programs of the federal government for the year ended August 31, 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 the Federation, it is not intended to and does not present either the financial position, changes in net assets, functional expenses, or cash flows of the Federation. Note 2. 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. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Federation did not receive any non-cash federal awards during the year ended August 31, 2022.
Title: Note 6. Commingled Funds
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the National Wild Turkey Federation, Inc. and Affiliates (the Federation) under programs of the federal government for the year ended August 31, 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 the Federation, it is not intended to and does not present either the financial position, changes in net assets, functional expenses, or cash flows of the Federation. Note 2. 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. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Federal government agencies receive funds from other federal agencies in addition to private funds. The federal agency then awards a combination of federal and private funds to the Federation. If the Federation is unable to determine the federal portion, the entire amount is reported on the Schedule under one federal program.
Title: Note 7. Major Program and Clusters
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the National Wild Turkey Federation, Inc. and Affiliates (the Federation) under programs of the federal government for the year ended August 31, 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 the Federation, it is not intended to and does not present either the financial position, changes in net assets, functional expenses, or cash flows of the Federation. Note 2. 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. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
As defined in the Uniform Guidance, Fish and Wildlife programs are considered to be clusters of programs and, accordingly, have been classified as one program for testing purposes. The Fish and Wildlife Cluster has been defined as a major program. The Fish and Wildlife Cluster includes grants from Assistance Listing Numbers (ALN) 15.605, 15.611, and 15.626. The Federation had grants associated with each of these ALNs.
Title: Note 8. Subrecipients
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the National Wild Turkey Federation, Inc. and Affiliates (the Federation) under programs of the federal government for the year ended August 31, 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 the Federation, it is not intended to and does not present either the financial position, changes in net assets, functional expenses, or cash flows of the Federation. Note 2. 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. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Federation did not pass any funds to subrecipients.