Notes to SEFA
Title: CONTINGENCIES
Accounting Policies: NOTE 1. BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the
federal grant activity of Atlanta Legal Aid Society, Inc. under programs of the federal government
for the year ended December 31, 2023. 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). Because the Schedule presents only a selected portion of the activities of
Atlanta Legal Aid Society, Inc., it is not intended to and does not present the financial position,
changes in net assets, or cash flows of Atlanta Legal Aid Society, Inc.
The accompanying Schedule of Expenditures of State Awards includes the grant activity of
Atlanta Legal Aid Society, Inc. under programs of the state government for the year ended
December 31, 2023.
NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in the Uniform Guidance,
wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: NOTE 4. INDIRECT COST RATE
Atlanta Legal Aid Society, Inc. has elected to use the 10% de minimis indirect cost rate as
allowed under the Uniform Guidance.
Grant monies received and disbursed are for specific purposes and are subject to review by the
grantor agencies. Such audits may result in requests for reimbursement due to disallowed
expenditures. Management does not believe that such disallowance, if any, would have a
material effect on its financial position. As of December 31, 2023, there were no material
questioned or disallowed costs as a result of the grant audits in process or completed.
Title: OTHER INFORMATION
Accounting Policies: NOTE 1. BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the
federal grant activity of Atlanta Legal Aid Society, Inc. under programs of the federal government
for the year ended December 31, 2023. 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). Because the Schedule presents only a selected portion of the activities of
Atlanta Legal Aid Society, Inc., it is not intended to and does not present the financial position,
changes in net assets, or cash flows of Atlanta Legal Aid Society, Inc.
The accompanying Schedule of Expenditures of State Awards includes the grant activity of
Atlanta Legal Aid Society, Inc. under programs of the state government for the year ended
December 31, 2023.
NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in the Uniform Guidance,
wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: NOTE 4. INDIRECT COST RATE
Atlanta Legal Aid Society, Inc. has elected to use the 10% de minimis indirect cost rate as
allowed under the Uniform Guidance.
There were no endowments, insurance in effect, noncash assistance or loan balances or
guarantee programs for the year ended December 31, 2023.'