Audit 297111

Title: Basis of Presentation Accounting Policies: Basis of Presentation - The accompanying schedule of expenditures of federal awards includes the federal grant activity of The Diocese of Baton Rouge Child Nutrition Program 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Non-Cash Assistance (Commodities) - Nonmonetary assistance is reported in the schedule at the fair market value of the commodities received and disbursed. At June 30, 2023, the Child Nutrition Program had food commodities totaling $15,442 in inventory. Indirect Cost Rate Election - The Organization did not elect to use the 10% de minimis indirect cost rate during the year ended June 30, 2023. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying schedule of expenditures of federal awards includes the federal grant activity of The Diocese of Baton Rouge Child Nutrition Program 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.

Title: Non-Cash Assistance (Commodities) Accounting Policies: Basis of Presentation - The accompanying schedule of expenditures of federal awards includes the federal grant activity of The Diocese of Baton Rouge Child Nutrition Program 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Non-Cash Assistance (Commodities) - Nonmonetary assistance is reported in the schedule at the fair market value of the commodities received and disbursed. At June 30, 2023, the Child Nutrition Program had food commodities totaling $15,442 in inventory. Indirect Cost Rate Election - The Organization did not elect to use the 10% de minimis indirect cost rate during the year ended June 30, 2023. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Nonmonetary assistance is reported in the schedule at the fair market value of the commodities received and disbursed. At June 30, 2023, the Child Nutrition Program had food commodities totaling $15,442 in inventory.

Title: Indirect Cost Rate Election Accounting Policies: Basis of Presentation - The accompanying schedule of expenditures of federal awards includes the federal grant activity of The Diocese of Baton Rouge Child Nutrition Program 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Non-Cash Assistance (Commodities) - Nonmonetary assistance is reported in the schedule at the fair market value of the commodities received and disbursed. At June 30, 2023, the Child Nutrition Program had food commodities totaling $15,442 in inventory. Indirect Cost Rate Election - The Organization did not elect to use the 10% de minimis indirect cost rate during the year ended June 30, 2023. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The Organization did not elect to use the 10% de minimis indirect cost rate during the year ended June 30, 2023.