Notes to SEFA
Title: General Information
Accounting Policies: The accompanying schedule of expenditures of federal, state and city awards presents the activities in all the federal, state and city awards programs of Intercultural Family Services, Inc. All government financial assistance received directly from federal, state or city agencies, as well as financial assistance passed through other governmental agencies or not-for-profit organizations, are included on the schedule.
De Minimis Rate Used: N
Rate Explanation: Intercultural Family Services, 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, state and city awards presents the activities in all the federal, state and city award programs of Intercultural Family Services, Inc. All government financial assistance received directly from federal, state or city agencies, as well as financial assistance passed through other governmental agencies or not-for-profit organizations, are included on the schedule.
Title: Relationship to Basic Financial Statements
Accounting Policies: The accompanying schedule of expenditures of federal, state and city awards presents the activities in all the federal, state and city awards programs of Intercultural Family Services, Inc. All government financial assistance received directly from federal, state or city agencies, as well as financial assistance passed through other governmental agencies or not-for-profit organizations, are included on the schedule.
De Minimis Rate Used: N
Rate Explanation: Intercultural Family Services, Inc. has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance.
Federal, state and city 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, state and city awards, because program expenditures exceeding grant or contract budget limitations are not reflected on the schedule of expenditures of federal, state and city awards.