Title: NOTE A
Accounting Policies: The organization was organized as a not for profit corporation under the laws of the state of North Carolina. The purpose of the Organization is to provide self-sufficiency services to low-income families and individuals in the Franklin, Vance, Warren, Granville, and Nash counties.
De Minimis Rate Used: N
Rate Explanation: The organization did not elect to use the 10% de maninis cost rate.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Title: NOTE B
Accounting Policies: The organization was organized as a not for profit corporation under the laws of the state of North Carolina. The purpose of the Organization is to provide self-sufficiency services to low-income families and individuals in the Franklin, Vance, Warren, Granville, and Nash counties.
De Minimis Rate Used: N
Rate Explanation: The organization did not elect to use the 10% de maninis cost rate.
SIGNIFICANT CONTIGENCIES
Title: NOTE C
Accounting Policies: The organization was organized as a not for profit corporation under the laws of the state of North Carolina. The purpose of the Organization is to provide self-sufficiency services to low-income families and individuals in the Franklin, Vance, Warren, Granville, and Nash counties.
De Minimis Rate Used: N
Rate Explanation: The organization did not elect to use the 10% de maninis cost rate.
SIGNIFICANT CONCENTRATIONS
Title: NOTE D
Accounting Policies: The organization was organized as a not for profit corporation under the laws of the state of North Carolina. The purpose of the Organization is to provide self-sufficiency services to low-income families and individuals in the Franklin, Vance, Warren, Granville, and Nash counties.
De Minimis Rate Used: N
Rate Explanation: The organization did not elect to use the 10% de maninis cost rate.
RESTRICTED CASH
Title: NOTE E
Accounting Policies: The organization was organized as a not for profit corporation under the laws of the state of North Carolina. The purpose of the Organization is to provide self-sufficiency services to low-income families and individuals in the Franklin, Vance, Warren, Granville, and Nash counties.
De Minimis Rate Used: N
Rate Explanation: The organization did not elect to use the 10% de maninis cost rate.
PROPERTY AND EQUIPMENT
Title: NOTE F
Accounting Policies: The organization was organized as a not for profit corporation under the laws of the state of North Carolina. The purpose of the Organization is to provide self-sufficiency services to low-income families and individuals in the Franklin, Vance, Warren, Granville, and Nash counties.
De Minimis Rate Used: N
Rate Explanation: The organization did not elect to use the 10% de maninis cost rate.
NOTES PAYABLE
Title: NOTE G
Accounting Policies: The organization was organized as a not for profit corporation under the laws of the state of North Carolina. The purpose of the Organization is to provide self-sufficiency services to low-income families and individuals in the Franklin, Vance, Warren, Granville, and Nash counties.
De Minimis Rate Used: N
Rate Explanation: The organization did not elect to use the 10% de maninis cost rate.
DONOR RESTRICTED NET ASSETS
Title: NOTE H
Accounting Policies: The organization was organized as a not for profit corporation under the laws of the state of North Carolina. The purpose of the Organization is to provide self-sufficiency services to low-income families and individuals in the Franklin, Vance, Warren, Granville, and Nash counties.
De Minimis Rate Used: N
Rate Explanation: The organization did not elect to use the 10% de maninis cost rate.
CONDITIONAL SUPPORT
Title: NOTE I
Accounting Policies: The organization was organized as a not for profit corporation under the laws of the state of North Carolina. The purpose of the Organization is to provide self-sufficiency services to low-income families and individuals in the Franklin, Vance, Warren, Granville, and Nash counties.
De Minimis Rate Used: N
Rate Explanation: The organization did not elect to use the 10% de maninis cost rate.
RETIREMENT PLAN
Title: NOTE J
Accounting Policies: The organization was organized as a not for profit corporation under the laws of the state of North Carolina. The purpose of the Organization is to provide self-sufficiency services to low-income families and individuals in the Franklin, Vance, Warren, Granville, and Nash counties.
De Minimis Rate Used: N
Rate Explanation: The organization did not elect to use the 10% de maninis cost rate.
OPERATING LEASES
Title: NOTE K
Accounting Policies: The organization was organized as a not for profit corporation under the laws of the state of North Carolina. The purpose of the Organization is to provide self-sufficiency services to low-income families and individuals in the Franklin, Vance, Warren, Granville, and Nash counties.
De Minimis Rate Used: N
Rate Explanation: The organization did not elect to use the 10% de maninis cost rate.
INTERCOMPANY RENT
Title: NOTE L
Accounting Policies: The organization was organized as a not for profit corporation under the laws of the state of North Carolina. The purpose of the Organization is to provide self-sufficiency services to low-income families and individuals in the Franklin, Vance, Warren, Granville, and Nash counties.
De Minimis Rate Used: N
Rate Explanation: The organization did not elect to use the 10% de maninis cost rate.
CONTRIBUTED PROPERTY
Title: NOTE M
Accounting Policies: The organization was organized as a not for profit corporation under the laws of the state of North Carolina. The purpose of the Organization is to provide self-sufficiency services to low-income families and individuals in the Franklin, Vance, Warren, Granville, and Nash counties.
De Minimis Rate Used: N
Rate Explanation: The organization did not elect to use the 10% de maninis cost rate.
CONCENTRATIONS, COMMITMENTS AND CONTIGENCIES