Audit 290584

FY End
2023-09-30
Total Expended
$1.67M
Findings
0
Programs
8
Year: 2023 Accepted: 2024-02-15

Organization Exclusion Status:

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Findings

No findings recorded

Contacts

Name Title Type
F23LDFFMGTZ6 Bethanne Wenzel Auditee
9175977463 Bennie Lewis Auditor
No contacts on file

Notes to SEFA

Title: Pass-Through Awards Accounting Policies: Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, Cost Principles for Non-Profit Organizations, 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 allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: Did not use de minimus cost rate The Organization receives federal financial assistance from various organizations which are pass-through awards from federal grantors. The amounts of direct awards and pass-through awards are included on the schedule of expenditures of federal awards.
Title: Subrecipients Accounting Policies: Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, Cost Principles for Non-Profit Organizations, 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 allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: Did not use de minimus cost rate Of the federal expenditures presented in the Schedule, the Organization provided federal awards to subrecipients as follows: CFDA: 12.420, Federal program: U.S. Army Medical Research Acquisition Activity, Amount provided to subrecipients: $71,334, CFDA: 19.237, Federal program: National Institute on Alcohol Abuse and Alcoholism, Amount provided to subrecipients: $152,756, CFDA: 93.837, Federal program: National Heart, Lung and Blood Institute, Amount provided to subrecipients: $290,958. The Organization has certain compliance responsibilities, such as monitoring its subrecipients to help assure they use these sub-awards as authorized by laws, regulations, and the provisions of contracts or grant agreements, and that subrecipients achieve the award’s performance goals.