Title: Subrecipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal
grant activity of the Organization. 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). Therefore, some amounts presented on 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: THERE ARE NO INDIRECT COST TO BE ALLOCATED
There were no subrecipients.
Title: Description of Major Federal Program
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal
grant activity of the Organization. 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). Therefore, some amounts presented on 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: THERE ARE NO INDIRECT COST TO BE ALLOCATED
Community Facilities Loans and Grants – This program is to provide loan or grant funds for the development of essential community facilities for public use in rural communities. Funds may be used to construct, enlarge, extend or otherwise improve essential community facilities providing essential services primarily to rural residents and rural businesses.
Title: Non-Cash Assistance
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal
grant activity of the Organization. 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). Therefore, some amounts presented on 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: THERE ARE NO INDIRECT COST TO BE ALLOCATED
There was no non-cash assistance.
Title: Amount of Insurance
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal
grant activity of the Organization. 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). Therefore, some amounts presented on 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: THERE ARE NO INDIRECT COST TO BE ALLOCATED
There was no insurance.
Title: Loans or Loan Guarantees Outstanding
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal
grant activity of the Organization. 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). Therefore, some amounts presented on 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: THERE ARE NO INDIRECT COST TO BE ALLOCATED
There were no loans or loan guarantees outstanding.