Title: NOTE 1 – BASIS OF PRESENTATION
Accounting Policies: The schedule of expenditures of federal awards is prepared on the same basis of accounting as Northwest Georgia Family Crisis Center, Inc.’s financial statements. Northwest Georgia Family Crisis Center, Inc. uses the accrual basis of accounting. Expenditures represent only the federally funded portions of the program. Northwest Georgia Family Crisis Center, Inc.’s records should be consulted to determine amounts expended or matched from non-federal sources. 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: N
Rate Explanation: Northwest Georgia Family Crisis Center, Inc. has elected not to use the ten-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Northwest Georgia Family Crisis Center, Inc. under programs of the federal government for the year ended December 31, 2023. The information in this 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 Northwest Georgia Family Crisis Center, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Northwest Georgia Family Crisis Center, Inc.
Title: NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: The schedule of expenditures of federal awards is prepared on the same basis of accounting as Northwest Georgia Family Crisis Center, Inc.’s financial statements. Northwest Georgia Family Crisis Center, Inc. uses the accrual basis of accounting. Expenditures represent only the federally funded portions of the program. Northwest Georgia Family Crisis Center, Inc.’s records should be consulted to determine amounts expended or matched from non-federal sources. 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: N
Rate Explanation: Northwest Georgia Family Crisis Center, Inc. has elected not to use the ten-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The schedule of expenditures of federal awards is prepared on the same basis of accounting as Northwest Georgia Family Crisis Center, Inc.’s financial statements. Northwest Georgia Family Crisis Center, Inc. uses the accrual basis of accounting. Expenditures represent only the federally funded portions of the program. Northwest Georgia Family Crisis Center, Inc.’s records should be consulted to determine amounts expended or matched from non-federal sources. 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: The schedule of expenditures of federal awards is prepared on the same basis of accounting as Northwest Georgia Family Crisis Center, Inc.’s financial statements. Northwest Georgia Family Crisis Center, Inc. uses the accrual basis of accounting. Expenditures represent only the federally funded portions of the program. Northwest Georgia Family Crisis Center, Inc.’s records should be consulted to determine amounts expended or matched from non-federal sources. 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: N
Rate Explanation: Northwest Georgia Family Crisis Center, Inc. has elected not to use the ten-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Northwest Georgia Family Crisis Center, Inc. has elected not to use the ten-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: NOTE 4 – SUBRECIPIENTS
Accounting Policies: The schedule of expenditures of federal awards is prepared on the same basis of accounting as Northwest Georgia Family Crisis Center, Inc.’s financial statements. Northwest Georgia Family Crisis Center, Inc. uses the accrual basis of accounting. Expenditures represent only the federally funded portions of the program. Northwest Georgia Family Crisis Center, Inc.’s records should be consulted to determine amounts expended or matched from non-federal sources. 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: N
Rate Explanation: Northwest Georgia Family Crisis Center, Inc. has elected not to use the ten-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Of the federal expenditures presented in the schedule, Northwest Georgia Family Crisis Center, Inc. has not provided any federal awards to subrecipients.