Title: Note 1. Basis of Presentation
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial
assistance (the "Schedules") include the federal award and state financial activity of the
Organization under programs of the federal and state government for the year ended
September 30, 2023. The information in these Schedules 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") and State of New Jersey, Circular Letter 15-08-OMB, Single Audit Policy for
Recipients of Federal Grants, State Grants and State Aid (the "Circular"). Because the
Schedules present only a selected portion of the operations of the Organization, they are not
intended to and do not present the financial position, change in net assets or cash flows of the
Organization
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedules of expenditures of federal awards and state financial assistance (the "Schedules") include the federal award and state financial activity of the Organization under programs of the federal and state government for the year ended September 30, 2023. The information in these Schedules 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") and State of New Jersey, Circular Letter 15-08-OMB, Single Audit Policy for Recipients of Federal Grants, State Grants and State Aid (the "Circular"). Because the Schedules present only a selected portion of the operations of the Organization, they are not intended to and do not present the financial position, change in net assets or cash flows of the Organization.
Title: Note 2. Summary of Significant Accounting Policies
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial
assistance (the "Schedules") include the federal award and state financial activity of the
Organization under programs of the federal and state government for the year ended
September 30, 2023. The information in these Schedules 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") and State of New Jersey, Circular Letter 15-08-OMB, Single Audit Policy for
Recipients of Federal Grants, State Grants and State Aid (the "Circular"). Because the
Schedules present only a selected portion of the operations of the Organization, they are not
intended to and do not present the financial position, change in net assets or cash flows of the
Organization
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Expenditures reported on the Schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and the State of New Jersey, Department of Community Affairs Cost Reimbursement Manual, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
Title: Note 3. Indirect Cost Rate
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial
assistance (the "Schedules") include the federal award and state financial activity of the
Organization under programs of the federal and state government for the year ended
September 30, 2023. The information in these Schedules 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") and State of New Jersey, Circular Letter 15-08-OMB, Single Audit Policy for
Recipients of Federal Grants, State Grants and State Aid (the "Circular"). Because the
Schedules present only a selected portion of the operations of the Organization, they are not
intended to and do not present the financial position, change in net assets or cash flows of the
Organization
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Note 4. Subrecipients
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial
assistance (the "Schedules") include the federal award and state financial activity of the
Organization under programs of the federal and state government for the year ended
September 30, 2023. The information in these Schedules 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") and State of New Jersey, Circular Letter 15-08-OMB, Single Audit Policy for
Recipients of Federal Grants, State Grants and State Aid (the "Circular"). Because the
Schedules present only a selected portion of the operations of the Organization, they are not
intended to and do not present the financial position, change in net assets or cash flows of the
Organization
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
During the year ended September 30, 2023, the Organization provided $410,750 and $250,000, respectively, in pass-through funds to subrecipients under its BRIDGES and 2023 Shelter Providers Grants.
Title: Note 5. Reconciliation of Federal and State Government Grants to Schedules
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial
assistance (the "Schedules") include the federal award and state financial activity of the
Organization under programs of the federal and state government for the year ended
September 30, 2023. The information in these Schedules 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") and State of New Jersey, Circular Letter 15-08-OMB, Single Audit Policy for
Recipients of Federal Grants, State Grants and State Aid (the "Circular"). Because the
Schedules present only a selected portion of the operations of the Organization, they are not
intended to and do not present the financial position, change in net assets or cash flows of the
Organization
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Char showing Tie out to Federal and State Government Grants to Schedules