Notes to SEFA
Title: MATCHING, LEVEL OF EFFORT OR EARMARKING REQUIREMENTS
Accounting Policies: The accompanying schedule of expenditures of federal, state, and county awards (the
Schedule) includes the federal, state, and county award activity of Laurel House, for the
year ended June 30, 2023. 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 Laurel House, it is not intended to and does not present the financial position,
changes in net assets, or cash flows of the Organization. During the year ended June 30,
2023, the Organization did not pass-through federal funding to subrecipients. BASIS OF ACCOUNTING: 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 amounts reported in this Schedule as expenditures may differ from certain financial
reports submitted to funding agencies because those reports may be submitted on either a
cash or modified accrual basis of accounting.
Expenditures of federal, state, and county awards are reported on the statement of activities
as operating expenses. In certain programs, the expenditures reported in the basic financial
statements differ from the expenditures reported in the Schedule because other program
expenditures and expenditures may exceed contract budget limitations, and are therefore
not included as expenditures of federal, state, and county awards.
The total dollars spent under the Organization’s domestic violence budget, passed through
from PCADV under contract #6029, during the current contract year ended June 30, 2023
was $676,557. No interest was earned on funds received from PCADV.
De Minimis Rate Used: Y
Rate Explanation: Laurel House has elected to use the 10% de minimis indirect cost rate for federal contracts
allowed under the Uniform Guidance.
Laurel House raised and expended for the year ended June 30, 2023 more than the
minimum match requirements for grants made by PCADV. The funds raised were from the
local community and do not include in-kind contributions.