FAC Explorer

Audit 300731

FY End
2023-06-30
Total Expended
$1.38M
Findings
0
Programs
5
Organization: Children's Village (PA)
Year: 2023 Accepted: 2024-03-29
Auditor: Bbd LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
93.558 Temporary Assistance for Needy Families $412,582 Yes 0
10.558 Child and Adult Care Food Program $382,356 Yes 0
93.575 Covid-19 Child Care and Development Block Grant $343,264 - 0
93.575 Child Care and Development Block Grant $84,552 - 0
93.600 Head Start $37,800 - 0

Contacts

Name Title Type
ZC1VLGWDHYL1 Mary Graham Auditee
2159310197 Adam Watson Auditor
No contacts on file

Notes to SEFA

Title: (1) GENERAL INFORMATION Accounting Policies: (1) GENERAL INFORMATION The accompanying schedule of expenditures of federal awards presents the activities in all the federal awards programs of Children’s Village, Inc. All financial assistance received directly from federal agencies, as well as federal financial assistance passed through other governmental agencies or not-for-profit organizations, is included on the schedule. (2) BASIS OF ACCOUNTING The schedule of expenditures of federal awards is presented using the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to funding sources on either a cash or modified accrual basis of accounting. (3) RELATIONSHIP TO BASIC FINANCIAL STATEMENTS Federal awards expenditures are reported on the statements of activities and functional expenses. In certain programs, the expenditures reported in the basic financial statements may differ from the expenditures reported in the schedule of expenditures of federal awards, because program expenditures exceeding grant or contract budget limitations are not reflected on the schedule of expenditures of federal awards. (4) INDIRECT COSTS Children’s Village, Inc. has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: Children’s Village, Inc. has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards presents the activities in all the federal awards programs of Children’s Village, Inc. All financial assistance received directly from federal agencies, as well as federal financial assistance passed through other governmental agencies or not-for-profit organizations, is included on the schedule.
Title: (2) BASIS OF ACCOUNTING Accounting Policies: (1) GENERAL INFORMATION The accompanying schedule of expenditures of federal awards presents the activities in all the federal awards programs of Children’s Village, Inc. All financial assistance received directly from federal agencies, as well as federal financial assistance passed through other governmental agencies or not-for-profit organizations, is included on the schedule. (2) BASIS OF ACCOUNTING The schedule of expenditures of federal awards is presented using the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to funding sources on either a cash or modified accrual basis of accounting. (3) RELATIONSHIP TO BASIC FINANCIAL STATEMENTS Federal awards expenditures are reported on the statements of activities and functional expenses. In certain programs, the expenditures reported in the basic financial statements may differ from the expenditures reported in the schedule of expenditures of federal awards, because program expenditures exceeding grant or contract budget limitations are not reflected on the schedule of expenditures of federal awards. (4) INDIRECT COSTS Children’s Village, Inc. has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: Children’s Village, Inc. has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. The schedule of expenditures of federal awards is presented using the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to funding sources on either a cash or modified accrual basis of accounting.
Title: (3) RELATIONSHIP TO BASIC FINANCIAL STATEMENTS Accounting Policies: (1) GENERAL INFORMATION The accompanying schedule of expenditures of federal awards presents the activities in all the federal awards programs of Children’s Village, Inc. All financial assistance received directly from federal agencies, as well as federal financial assistance passed through other governmental agencies or not-for-profit organizations, is included on the schedule. (2) BASIS OF ACCOUNTING The schedule of expenditures of federal awards is presented using the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to funding sources on either a cash or modified accrual basis of accounting. (3) RELATIONSHIP TO BASIC FINANCIAL STATEMENTS Federal awards expenditures are reported on the statements of activities and functional expenses. In certain programs, the expenditures reported in the basic financial statements may differ from the expenditures reported in the schedule of expenditures of federal awards, because program expenditures exceeding grant or contract budget limitations are not reflected on the schedule of expenditures of federal awards. (4) INDIRECT COSTS Children’s Village, Inc. has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: Children’s Village, Inc. has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. Federal awards expenditures are reported on the statements of activities and functional expenses. In certain programs, the expenditures reported in the basic financial statements may differ from the expenditures reported in the schedule of expenditures of federal awards, because program expenditures exceeding grant or contract budget limitations are not reflected on the schedule of expenditures of federal awards.
Title: (4) INDIRECT COSTS Accounting Policies: (1) GENERAL INFORMATION The accompanying schedule of expenditures of federal awards presents the activities in all the federal awards programs of Children’s Village, Inc. All financial assistance received directly from federal agencies, as well as federal financial assistance passed through other governmental agencies or not-for-profit organizations, is included on the schedule. (2) BASIS OF ACCOUNTING The schedule of expenditures of federal awards is presented using the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to funding sources on either a cash or modified accrual basis of accounting. (3) RELATIONSHIP TO BASIC FINANCIAL STATEMENTS Federal awards expenditures are reported on the statements of activities and functional expenses. In certain programs, the expenditures reported in the basic financial statements may differ from the expenditures reported in the schedule of expenditures of federal awards, because program expenditures exceeding grant or contract budget limitations are not reflected on the schedule of expenditures of federal awards. (4) INDIRECT COSTS Children’s Village, Inc. has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: Children’s Village, Inc. has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. Children’s Village, Inc. has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance.