Notes to SEFA
Title: Pass-through to Sub-recipients
Accounting Policies: Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of Buckelew Programs (Buckelew), under programs of the federal government for the year ended June 30, 2022. The 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 Buckelew, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Buckelew.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. Basis of Accounting Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in 2 CFR 200, Subpart E (Cost Principles), wherein certain types of expenditures are not allowable or are limited as to reimbursement. Buckelew did not elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Buckelew did not provide any federal awards to sub-recipients.
Title: Other Information
Accounting Policies: Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of Buckelew Programs (Buckelew), under programs of the federal government for the year ended June 30, 2022. The 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 Buckelew, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Buckelew.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. Basis of Accounting Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in 2 CFR 200, Subpart E (Cost Principles), wherein certain types of expenditures are not allowable or are limited as to reimbursement. Buckelew did not elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Buckelew did not receive federal insurance or non-cash assistance during the year ended June 30,2022 that is required to be reported on the Schedule.