Audit 302197

FY End
2023-06-30
Total Expended
$1.40M
Findings
0
Programs
4
Organization: Diakonia, Inc. (MD)
Year: 2023 Accepted: 2024-04-02

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

Contacts

Name Title Type
GAB8QUAKYKF1 Ken Argot Auditee
4102130923 Ashley Stern Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual cost basis of accounting. Such expenditures are recognized following the costs principles contained in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidence), where in certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity indentifying numbers are presented when available. The Organization provided no federal funds to subrecipients during the year. De Minimis Rate Used: N Rate Explanation: Actual (direct) expenses are used instead of allocating based on a percentage. The accompanying schedule of expenditures of federal awards (the schedule) includes the federal grant activity of Diakonia, Inc.. This schedule reflects expenditures for all individual federal grants which were active during the fiscal year. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements.
Title: Summary of Significant Accounting Polices Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual cost basis of accounting. Such expenditures are recognized following the costs principles contained in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidence), where in certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity indentifying numbers are presented when available. The Organization provided no federal funds to subrecipients during the year. De Minimis Rate Used: N Rate Explanation: Actual (direct) expenses are used instead of allocating based on a percentage. Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of accounting. Such expenditures are recognized following the costs principles contained in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented when available. The Organization provided no federal funds to subrecipients during the year.
Title: Indirect Cost Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual cost basis of accounting. Such expenditures are recognized following the costs principles contained in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidence), where in certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity indentifying numbers are presented when available. The Organization provided no federal funds to subrecipients during the year. De Minimis Rate Used: N Rate Explanation: Actual (direct) expenses are used instead of allocating based on a percentage. Diakonia, Inc. has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: Federal Assistance Listing Numbers Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual cost basis of accounting. Such expenditures are recognized following the costs principles contained in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidence), where in certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity indentifying numbers are presented when available. The Organization provided no federal funds to subrecipients during the year. De Minimis Rate Used: N Rate Explanation: Actual (direct) expenses are used instead of allocating based on a percentage. The Federal Assistance Listing numbers or other identifying numbers listed on the Schedule of Expenditures of Federal Awards were obtained from the respective grant/contract agreements.