Title: GENERAL
Accounting Policies: The expenses reported on the Schedule are presented using the accrual basis of accounting, the method used to prepare SCAIR’s financial statements. Such expenses are recognized following the cost
principles contained in Uniform Guidance, wherein certain types of expenses are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: SCAIR has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) presents the activity of
all federal awards programs of Southern California American Indian Resource Center, Inc. (a nonprofit organization) ("SCAIR"), for the year ended June 30, 2023. Because the Schedule presents only a selected portion of the operations of SCAIR, it is not intended to and doesn't present the financial
position, changes in net assets, or cash flows of SCAIR. Federal awards received directly from federal agencies are designated as “Direct Program”. Any federal awards passed through from other grantor agencies, if any, is designated as “Pass-through”on the Schedule.
The information in 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).
The amounts presented in the Schedule agree to the amounts presented in, or used in the preparation of, the financial statements.
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: The expenses reported on the Schedule are presented using the accrual basis of accounting, the method used to prepare SCAIR’s financial statements. Such expenses are recognized following the cost
principles contained in Uniform Guidance, wherein certain types of expenses are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: SCAIR has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The expenses reported on the Schedule are presented using the accrual basis of accounting, the method used to prepare SCAIR’s financial statements. Such expenses are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenses are not allowable or are
limited as to reimbursement.
Title: SUBRECIPIENTS
Accounting Policies: The expenses reported on the Schedule are presented using the accrual basis of accounting, the method used to prepare SCAIR’s financial statements. Such expenses are recognized following the cost
principles contained in Uniform Guidance, wherein certain types of expenses are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: SCAIR has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
SCAIR did not provide any awards to subrecipients.
Title: OTHER MATTERS - INDIRECT COST RATE
Accounting Policies: The expenses reported on the Schedule are presented using the accrual basis of accounting, the method used to prepare SCAIR’s financial statements. Such expenses are recognized following the cost
principles contained in Uniform Guidance, wherein certain types of expenses are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: SCAIR has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
SCAIR has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: RECONCILIATION OF SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS TO THE FINANCIAL STATEMENTS
Accounting Policies: The expenses reported on the Schedule are presented using the accrual basis of accounting, the method used to prepare SCAIR’s financial statements. Such expenses are recognized following the cost
principles contained in Uniform Guidance, wherein certain types of expenses are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: SCAIR has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The following is a reconciliation of the expenditures reported on the Schedule of expenditures of federal
awards to the expenditures reported on the Statement of Revenues, Expenditures, and Changes in Net
Position included in accompanying financial statements:
Expenditures according to Schedule of expenditures of federal awards $ 867,139
Expenditures funded by nonfederal sources 802,237
Expenditures on financial statements $ 1,669,376