FAC Explorer

Audit 307839

FY End
2023-09-30
Total Expended
$2.58M
Findings
0
Programs
9
Organization: Valorus (CA)
Year: 2023 Accepted: 2024-05-31
Auditor: Fechter and Company Certified Public Accountants

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
93.136 Injury Prevention and Control Research and State and Community Based Programs $373,196 Yes 0
16.588 Violence Against Women Formula Grants $275,577 - 0
16.556 State Domestic Violence and Sexual Assault Coalitions $172,795 - 0
16.529 Education, Training, and Enhanced Services to End Violence Against and Abuse of Women with Disabilities $158,304 - 0
16.524 Legal Assistance for Victims $154,927 - 0
16.526 Ovw Technical Assistance Initiative $150,347 - 0
16.582 Crime Victim Assistance/discretionary Grants $110,193 - 0
93.497 Family Violence Prevention and Services/ Sexual Assault/rape Crisis Services and Supports $92,906 - 0
16.575 Crime Victim Assistance $19,346 - 0

Contacts

Name Title Type
EUCKVXCFH2B6 Sandra Henriques Auditee
9164462520 Joanne Berry, CPA Auditor
No contacts on file

Notes to SEFA

Title: NOTE 1 – BASIS OF PRESENTATION Accounting Policies: Basis of presentation, basis of accounting, indirect cost rate, matching funds De Minimis Rate Used: Y Rate Explanation: None specified in contracts The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of ValorUS under programs of the federal government for the year ended September 30, 2023. This 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 operations of ValorUS, it is not intended to and does not present the financial position, changes in net assets, or cash flows of ValorUS.
Title: NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: Basis of presentation, basis of accounting, indirect cost rate, matching funds De Minimis Rate Used: Y Rate Explanation: None specified in contracts 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.
Title: NOTE 3 – INDIRECT COST RATE Accounting Policies: Basis of presentation, basis of accounting, indirect cost rate, matching funds De Minimis Rate Used: Y Rate Explanation: None specified in contracts ValorUS has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: NOTE 4 – MATCHING FUNDS Accounting Policies: Basis of presentation, basis of accounting, indirect cost rate, matching funds De Minimis Rate Used: Y Rate Explanation: None specified in contracts During the year ended September 30, 2023, ValorUS expended matching services of $21,513 for the Training & Technical Assistance (ALN No. 93.497), $50,000 for the Training & Technical Assistance (ALN No. 16.588), and $55,786 for the Rape Elimination Act Program (ALN No. 16.588). The matching funds are not included in the expenditures reported in the accompanying schedule of expenditures of federal awards.