Audit 306029

FY End
2023-06-30
Total Expended
$1.72M
Findings
0
Programs
8
Year: 2023 Accepted: 2024-05-10

Organization Exclusion Status:

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Findings

No findings recorded

Contacts

Name Title Type
KX5FZMDMKTF3 Lenna Ramirez Cintron Auditee
7874623723 Cristino Ariel Diaz-Lopez Auditor
No contacts on file

Notes to SEFA

Title: Note A - General Accounting Policies: The schedule of expenditures of federal awards was prepared following the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations. De Minimis Rate Used: N Rate Explanation: The federal expenditures reported in the accompanying schedule did not include any indirect costs as defined by the Uniform Guidance. The accompanying schedule of expenditures of federal awards presents the expenditures, for the fiscal year ended June 30, 2023, of all the federal assisted programs of Casa Protegida Julia de Burgos, Inc.
Title: Note B- Accounting Basis Accounting Policies: The schedule of expenditures of federal awards was prepared following the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations. De Minimis Rate Used: N Rate Explanation: The federal expenditures reported in the accompanying schedule did not include any indirect costs as defined by the Uniform Guidance. The schedule of expenditures of federal awards was prepared following the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations.
Title: Note C - Relationship to Federal Financial Reports Accounting Policies: The schedule of expenditures of federal awards was prepared following the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations. De Minimis Rate Used: N Rate Explanation: The federal expenditures reported in the accompanying schedule did not include any indirect costs as defined by the Uniform Guidance. Amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree with the amounts reported in the related federal financial reports. However, certain federal financial reports are filed based on cash expenditures. As such, certain timing differences may exist in the recognition of revenue and expenditures between the schedule of Expenditures of Federal Awards and the federal financial reports.
Title: Note D - Federal CFDA Number Accounting Policies: The schedule of expenditures of federal awards was prepared following the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations. De Minimis Rate Used: N Rate Explanation: The federal expenditures reported in the accompanying schedule did not include any indirect costs as defined by the Uniform Guidance. The Catalog of Federal Domestic Assistance (CFDA) number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence according with the program name within the corresponding agency.
Title: Note - E- Pass-Through Grantor Number Accounting Policies: The schedule of expenditures of federal awards was prepared following the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations. De Minimis Rate Used: N Rate Explanation: The federal expenditures reported in the accompanying schedule did not include any indirect costs as defined by the Uniform Guidance. State or local government and private entities includes within their federal proposal award the related amount of federal awards granted to CASA JULIA, also known as “pass-through awards”. CASA JULIA should consider these federal funds as though they were received directly from the federal government. The Uniform Guidance requires that the schedule should include the name and the identifying number assigned for federal awards received as a subrecipient. Numbers identified as NA are not applicable or available.
Title: Note F- Relationship to the Statement pf Activities and Changes in Net Assets Accounting Policies: The schedule of expenditures of federal awards was prepared following the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations. De Minimis Rate Used: N Rate Explanation: The federal expenditures reported in the accompanying schedule did not include any indirect costs as defined by the Uniform Guidance. The reconciliation of expenses in the Statement of Activities and Changes in Net Assets to the total expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards is as follows: Expenses per Statement of Activities and Changes in Net Assets $ 2,720,373 Less: Non-Federal Expenditures and Depreciation in Federal Programs 1,053,390 Plus: Federal Expended Capitalized 54,363 Total Expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards $ 1,721,346
Title: Note G- Matching Costs Accounting Policies: The schedule of expenditures of federal awards was prepared following the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations. De Minimis Rate Used: N Rate Explanation: The federal expenditures reported in the accompanying schedule did not include any indirect costs as defined by the Uniform Guidance. Matching costs, such as the nonfederal share of certain program costs, are not included in the accompanying Schedule.
Title: Note H - Indirect Costs Accounting Policies: The schedule of expenditures of federal awards was prepared following the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations. De Minimis Rate Used: N Rate Explanation: The federal expenditures reported in the accompanying schedule did not include any indirect costs as defined by the Uniform Guidance. The federal expenditures reported in the accompanying schedule did not include any indirect costs as defined by the Uniform Guidance.
Title: Noye I - pass-Through Accounting Policies: The schedule of expenditures of federal awards was prepared following the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations. De Minimis Rate Used: N Rate Explanation: The federal expenditures reported in the accompanying schedule did not include any indirect costs as defined by the Uniform Guidance. No Federal grant has been passed-through to sub-recipient.