Title: Note A
Accounting Policies: NOTE A - BASIS of PRESENTATION
The accompanying schedule of expenditures of federal awards includes the federal award activity of
Community Alternatives, Inc., HUD Project No. 054-HD064-WDD/SC16-Q941-010 and is presented on
the accrual basis of accounting. 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 Community Alternatives, Inc., it is not intended to
and does not present the financial position, changes in net assets, or cash flows of Community
Alternatives, Inc.
NOTE B – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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.
The Organization has elected not to use the 10-percent de minimis indirect cost rate as allowed under the
Uniform Guidance.
The below table summarizes the loan, or loan guarantees, including interest subsidies, outstanding at
year-end.
Federal
CFDA Balance at
Federal Grantor Program Title Number June 30, 2023
U.S. Department of Housing and Urban Development
Direct Programs
Section 811 Supportive Housing for Persons with Disabilities 14.181 $ 936,200
De Minimis Rate Used: N
Rate Explanation: Elected not to use it.
The accompanying schedule of expenditures of federal awards includes the federal award activity of
Community Alternatives, Inc., HUD Project No. 054-HD064-WDD/SC16-Q941-010 and is presented on
the accrual basis of accounting. 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 Community Alternatives, Inc., it is not intended to
and does not present the financial position, changes in net assets, or cash flows of Community
Alternatives, Inc.
Title: Note B
Accounting Policies: NOTE A - BASIS of PRESENTATION
The accompanying schedule of expenditures of federal awards includes the federal award activity of
Community Alternatives, Inc., HUD Project No. 054-HD064-WDD/SC16-Q941-010 and is presented on
the accrual basis of accounting. 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 Community Alternatives, Inc., it is not intended to
and does not present the financial position, changes in net assets, or cash flows of Community
Alternatives, Inc.
NOTE B – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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.
The Organization has elected not to use the 10-percent de minimis indirect cost rate as allowed under the
Uniform Guidance.
The below table summarizes the loan, or loan guarantees, including interest subsidies, outstanding at
year-end.
Federal
CFDA Balance at
Federal Grantor Program Title Number June 30, 2023
U.S. Department of Housing and Urban Development
Direct Programs
Section 811 Supportive Housing for Persons with Disabilities 14.181 $ 936,200
De Minimis Rate Used: N
Rate Explanation: Elected not to use it.
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.
The Organization has elected not to use the 10-percent de minimis indirect cost rate as allowed under the
Uniform Guidance.
The below table summarizes the loan, or loan guarantees, including interest subsidies, outstanding at
year-end.
Federal
CFDA Balance at
Federal Grantor Program Title Number June 30, 2023
U.S. Department of Housing and Urban Development
Direct Programs
Section 811 Supportive Housing for Persons with Disabilities 14.181 $ 936,200