Title: BASIS OF PRESENTATION
Accounting Policies: The accpmpanying schedule of expenditures of federal awards (the "Schedule") includes the federal grant acitvity of the Association for the year ended December 31, 2023 and is presented on the accrual basis of accounting . 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"). The Association did elect to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance. For purposes of the Schedule, federal programs are presented by the federal government Assistance Listing Number (ALN) and, where applicable, the major subdivision within the agency. Pass-through programs are presented by each pass-through organization that granted federal funds to the Association. The Schedule should read in conjunction with the financial statements of the Association. Because the Schedule presents only a selected portion of the transations of the Association, it is not intended to, and does not, present the financial position, activities, or cash flows ot the Association.
De Minimis Rate Used: Y
Rate Explanation: The Association did elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance
The accpmpanying schedule of expenditures of federal awards (the "Schedule") includes the federal grant acitvity of the Association for the year ended December 31, 2023 and is presented on the accrual basis of accounting . 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"). The Association did elect to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance. For purposes of the Schedule, federal programs are presented by the federal government Assistance Listing Number (ALN) and, where applicable, the major subdivision within the agency. Pass-through programs are presented by each pass-through organization that granted federal funds to the Association. The Schedule should read in conjunction with the financial statements of the Association. Because the Schedule presents only a selected portion of the transations of the Association, it is not intended to, and does not, present the financial position, activities, or cash flows ot the Association.
Title: SUBRECIPIENTS
Accounting Policies: The accpmpanying schedule of expenditures of federal awards (the "Schedule") includes the federal grant acitvity of the Association for the year ended December 31, 2023 and is presented on the accrual basis of accounting . 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"). The Association did elect to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance. For purposes of the Schedule, federal programs are presented by the federal government Assistance Listing Number (ALN) and, where applicable, the major subdivision within the agency. Pass-through programs are presented by each pass-through organization that granted federal funds to the Association. The Schedule should read in conjunction with the financial statements of the Association. Because the Schedule presents only a selected portion of the transations of the Association, it is not intended to, and does not, present the financial position, activities, or cash flows ot the Association.
De Minimis Rate Used: Y
Rate Explanation: The Association did elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance
The Association did not pass any federal awards through to subreicipents for the Year ended December 31, 2023
Title: NONCASH FEDERAL AWARDS and FEDERAL INSURANCE
Accounting Policies: The accpmpanying schedule of expenditures of federal awards (the "Schedule") includes the federal grant acitvity of the Association for the year ended December 31, 2023 and is presented on the accrual basis of accounting . 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"). The Association did elect to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance. For purposes of the Schedule, federal programs are presented by the federal government Assistance Listing Number (ALN) and, where applicable, the major subdivision within the agency. Pass-through programs are presented by each pass-through organization that granted federal funds to the Association. The Schedule should read in conjunction with the financial statements of the Association. Because the Schedule presents only a selected portion of the transations of the Association, it is not intended to, and does not, present the financial position, activities, or cash flows ot the Association.
De Minimis Rate Used: Y
Rate Explanation: The Association did elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance
No Federal awards were expended in the form of noncash awards, insurance, or loans/guarantees in 2023, the Associatiopn received approximately $0 in noncash assistance