Notes to SEFA
Title: NOTE 2 - SUB-RECIPIENTS
Accounting Policies: The accompanying schedule of expenditures of federal awards presents the activity of federal award programs administered by the St. Lawrence Valley Renewal House for Victims of Family Violence, Inc., which is described in Note A to the Organization's accompanying financial statements, using the accrual basis of accounting. Federal awards that are included in the schedule may be received directly from federal agencies, as well as federal awards that are passed through from other government agencies. The information is presented in accordance with 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. Indirect costs may be included in the reported expenditures, to the extent that they are included in the federal financial reports used as the source for the data presented. The Organization’s policy is not to charge federal award programs with indirect costs. Matching costs (the Organization's share of certain program costs) are not included in the reported expenditures. The basis of accounting varies by federal program consistent with the underlying regulations pertaining to each program. The amounts reported as federal expenditures were obtained from the federal financial reports for the applicable program and periods. The amounts reported in these reports are prepared from records maintained for each program, which are reconciled with the Organization's financial reporting system.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
NO AMOUNTS WERE PROVIDED TO SUB-RECIPIENTS.
Title: NOTE 3 - OTHER DISCLOSURES
Accounting Policies: The accompanying schedule of expenditures of federal awards presents the activity of federal award programs administered by the St. Lawrence Valley Renewal House for Victims of Family Violence, Inc., which is described in Note A to the Organization's accompanying financial statements, using the accrual basis of accounting. Federal awards that are included in the schedule may be received directly from federal agencies, as well as federal awards that are passed through from other government agencies. The information is presented in accordance with 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. Indirect costs may be included in the reported expenditures, to the extent that they are included in the federal financial reports used as the source for the data presented. The Organization’s policy is not to charge federal award programs with indirect costs. Matching costs (the Organization's share of certain program costs) are not included in the reported expenditures. The basis of accounting varies by federal program consistent with the underlying regulations pertaining to each program. The amounts reported as federal expenditures were obtained from the federal financial reports for the applicable program and periods. The amounts reported in these reports are prepared from records maintained for each program, which are reconciled with the Organization's financial reporting system.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
NO INSURANCE IS CARRIED SPECIFICALLY TO COVER EQUIPMENT PURCHASED WITH FEDERAL FUNDS. ANY EQUIPMENT PURCHASED WITH FEDERAL FUNDS HAS ONLY A NOMINAL VALUE, AND IS COVERED BY THE ORGANIZATION'S CASUALTY INSURANCE POLICIES.