Notes to SEFA
Title: Note 1. Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on 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 reimbursement.
De Minimis Rate Used: N
Rate Explanation: Elected not to use.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award
activity of The Center for Women and Families, Inc. 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 presents only a
selected portion of the operations of The Center for Women and Families, Inc., it is not intended to and
does not present the financial position, changes in net assets, or cash flows of The Center for Women and
Families, Inc.
Title: Note 2. Significant Accounting Policies
Accounting Policies: Expenditures reported on the Schedule are reported on 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 reimbursement.
De Minimis Rate Used: N
Rate Explanation: Elected not to use.
Expenditures reported on the Schedule are reported on 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 reimbursement. The Center for Women and Families, Inc. has not elected to use the 10 percent de minimis indirect cost
rate as allowed under the Uniform Guidance.
The Center for Women and Families, Inc. had no sub-recipients for the year ended June 30, 2023.