Notes to SEFA
Title: 1 - Nature of Federal awards programs
Accounting Policies: The amounts reported in the Schedule are recorded using 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 reimbursements. Therefore, some amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: Indirect costs are included in the reported expenditures to the extent they are included in the Federal financial reports used as the source for the data presented. The Organization has not elected to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance.
As further described in Cayuga Home for Children d/b/a Cayuga Centers’ (the “Organization”) June 30, 2023 financial statements, the Organization is a not for-profit organization exempt from income tax under Section 501(c)(3) of the Internal Revenue Code (“IRC”). The Organization helps children, families and individuals grow as independent, healthy, and productive citizens through quality counseling, residential and support services. The accompanying schedule of expenditures of Federal awards (the “Schedule”) includes the Federal award activity of the Organization under programs of the Federal government 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 only presents a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, change in net assets or cash flows of the Organization.
Title: 4 - Subrecipients
Accounting Policies: The amounts reported in the Schedule are recorded using 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 reimbursements. Therefore, some amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: Indirect costs are included in the reported expenditures to the extent they are included in the Federal financial reports used as the source for the data presented. The Organization has not elected to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance.
The Organization provided no Federal awards to subrecipients.