Title: Subrecipients
Accounting Policies: The accompying schedules of expenditures of federal awards and state financial assistance (the "Schedule") include the federal and state award activity of the Coalition under programs of the federal and state governments for the year ended June 30, 2023. The information in these Schedules is presented in accordance with the requirements of Title 2 U.S. Code of Federal Awards (the "Uniform Guidance") and state of New Jersey, Circular Letter 15-08-OMB, Single Audit Policy for Recipients of Federal Grants, State Grants, and State Aid (the "Circular"). Because the Schedules present only a selected portion of operations of the Coalition, it is not intended to and does not present the financial position, change in net assets, or cash flows of the Coalition. Expenditures reported on the Schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and the State of New Jersey Department of Children and Families Cost Reimbursement Manual, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
During the year ended June 30, 2023, the Coalition did not provide funds relating to their programs to subrecipients.
Title: Loan and Loan Guarantee Programs
Accounting Policies: The accompying schedules of expenditures of federal awards and state financial assistance (the "Schedule") include the federal and state award activity of the Coalition under programs of the federal and state governments for the year ended June 30, 2023. The information in these Schedules is presented in accordance with the requirements of Title 2 U.S. Code of Federal Awards (the "Uniform Guidance") and state of New Jersey, Circular Letter 15-08-OMB, Single Audit Policy for Recipients of Federal Grants, State Grants, and State Aid (the "Circular"). Because the Schedules present only a selected portion of operations of the Coalition, it is not intended to and does not present the financial position, change in net assets, or cash flows of the Coalition. Expenditures reported on the Schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and the State of New Jersey Department of Children and Families Cost Reimbursement Manual, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
As of June 30, 2023, the Coalition did not have any federal loan or loan guarantee programs.
Title: Reconciliation of Government Grants to Schedules
Accounting Policies: The accompying schedules of expenditures of federal awards and state financial assistance (the "Schedule") include the federal and state award activity of the Coalition under programs of the federal and state governments for the year ended June 30, 2023. The information in these Schedules is presented in accordance with the requirements of Title 2 U.S. Code of Federal Awards (the "Uniform Guidance") and state of New Jersey, Circular Letter 15-08-OMB, Single Audit Policy for Recipients of Federal Grants, State Grants, and State Aid (the "Circular"). Because the Schedules present only a selected portion of operations of the Coalition, it is not intended to and does not present the financial position, change in net assets, or cash flows of the Coalition. Expenditures reported on the Schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and the State of New Jersey Department of Children and Families Cost Reimbursement Manual, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Government Grants revenue per audit $ 4,090,004 Expenses per Schedule of Expenditures of Federal Awards: $ 2,545,974 Schedule of expenditures of state financial assistance $1,544,030 total expenses per the schedules $4,090,004 Variance $ 0.00