Title: Note A
Accounting Policies: Note A - Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") is prepared on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and OMB Circular A-122, Federal cost principles applicable to for-profit entities, where in certain types of expenditures are not allowable or are limited as to reimbursement. Oak Ridge Associated Univesrities operate under federal cost princples applicable to- for profit entities due to its size and nature of operations. The expenditure threshold for classification as a Type A program excluding ORISE is $1,712,649. The expenditure threshold for classification as a Type A program including ORISE is $3,000,000. The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. There were no awards passed through to subrecipients. Note B - Oak Ridge Institute for Science and Education; Represents the total reimbursable operating expenses and captial expenditures of Oak Ridge Institute for Science and Education. As an integreated contractor, Oak Ridge Associated Universitites, Incorporated discloses the gross activity of the managed operation on the consolidated statement of activities which nets to the management fee earning in the performance of the contract. The contract requires that the provisions of the Uniform Guidance apply to the contract. Note C - No specific Federal Assistance Listing Number Assigned. Note D - Uniform Guidance: The Schedule includes the federal awared activity of Oak Ridge Associated Universities, Incorporated under programs of the federal goverment for the year ended September 30, 2023. The information in this Schedule is presented in accordance with the requirments of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirments, Cost priniciples, and Audit requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operation of Oak Ridge Associated Universitites Incorporated, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Oak Ridge Associated Universitites, Incorporated. Note E - The Organization did not receive or expend any federal awards during fiscal year 2023 in the form of non-cash assistance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") is prepared on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and OMB Circular A-122, Federal cost principles applicable to for-profit entities, where in certain types of expenditures are not allowable or are limited as to reimbursement. Oak Ridge Associated Univesrities operate under federal cost princples applicable to- for profit entities due to its size and nature of operations. The expenditure threshold for classification as a Type A program excluding ORISE is $1,712,649. The expenditure threshold for classification as a Type A program including ORISE is $3,000,000. The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. There were no awards passed through to subrecipients.
Title: Note B
Accounting Policies: Note A - Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") is prepared on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and OMB Circular A-122, Federal cost principles applicable to for-profit entities, where in certain types of expenditures are not allowable or are limited as to reimbursement. Oak Ridge Associated Univesrities operate under federal cost princples applicable to- for profit entities due to its size and nature of operations. The expenditure threshold for classification as a Type A program excluding ORISE is $1,712,649. The expenditure threshold for classification as a Type A program including ORISE is $3,000,000. The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. There were no awards passed through to subrecipients. Note B - Oak Ridge Institute for Science and Education; Represents the total reimbursable operating expenses and captial expenditures of Oak Ridge Institute for Science and Education. As an integreated contractor, Oak Ridge Associated Universitites, Incorporated discloses the gross activity of the managed operation on the consolidated statement of activities which nets to the management fee earning in the performance of the contract. The contract requires that the provisions of the Uniform Guidance apply to the contract. Note C - No specific Federal Assistance Listing Number Assigned. Note D - Uniform Guidance: The Schedule includes the federal awared activity of Oak Ridge Associated Universities, Incorporated under programs of the federal goverment for the year ended September 30, 2023. The information in this Schedule is presented in accordance with the requirments of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirments, Cost priniciples, and Audit requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operation of Oak Ridge Associated Universitites Incorporated, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Oak Ridge Associated Universitites, Incorporated. Note E - The Organization did not receive or expend any federal awards during fiscal year 2023 in the form of non-cash assistance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Oak Ridge Institute for Science and Education; Represents the total reimbursable operating expenses and captial expenditures of Oak Ridge Institute for Science and Education. As an integreated contractor, Oak Ridge Associated Universitites, Incorporated discloses the gross activity of the managed operation on the consolidated statement of activities which nets to the management fee earning in the performance of the contract. The contract requires that the provisions of the Uniform Guidance apply to the contract.
Title: Note C
Accounting Policies: Note A - Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") is prepared on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and OMB Circular A-122, Federal cost principles applicable to for-profit entities, where in certain types of expenditures are not allowable or are limited as to reimbursement. Oak Ridge Associated Univesrities operate under federal cost princples applicable to- for profit entities due to its size and nature of operations. The expenditure threshold for classification as a Type A program excluding ORISE is $1,712,649. The expenditure threshold for classification as a Type A program including ORISE is $3,000,000. The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. There were no awards passed through to subrecipients. Note B - Oak Ridge Institute for Science and Education; Represents the total reimbursable operating expenses and captial expenditures of Oak Ridge Institute for Science and Education. As an integreated contractor, Oak Ridge Associated Universitites, Incorporated discloses the gross activity of the managed operation on the consolidated statement of activities which nets to the management fee earning in the performance of the contract. The contract requires that the provisions of the Uniform Guidance apply to the contract. Note C - No specific Federal Assistance Listing Number Assigned. Note D - Uniform Guidance: The Schedule includes the federal awared activity of Oak Ridge Associated Universities, Incorporated under programs of the federal goverment for the year ended September 30, 2023. The information in this Schedule is presented in accordance with the requirments of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirments, Cost priniciples, and Audit requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operation of Oak Ridge Associated Universitites Incorporated, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Oak Ridge Associated Universitites, Incorporated. Note E - The Organization did not receive or expend any federal awards during fiscal year 2023 in the form of non-cash assistance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
No specific Federal Assistance Listing Number Assigned.
Title: Note D
Accounting Policies: Note A - Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") is prepared on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and OMB Circular A-122, Federal cost principles applicable to for-profit entities, where in certain types of expenditures are not allowable or are limited as to reimbursement. Oak Ridge Associated Univesrities operate under federal cost princples applicable to- for profit entities due to its size and nature of operations. The expenditure threshold for classification as a Type A program excluding ORISE is $1,712,649. The expenditure threshold for classification as a Type A program including ORISE is $3,000,000. The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. There were no awards passed through to subrecipients. Note B - Oak Ridge Institute for Science and Education; Represents the total reimbursable operating expenses and captial expenditures of Oak Ridge Institute for Science and Education. As an integreated contractor, Oak Ridge Associated Universitites, Incorporated discloses the gross activity of the managed operation on the consolidated statement of activities which nets to the management fee earning in the performance of the contract. The contract requires that the provisions of the Uniform Guidance apply to the contract. Note C - No specific Federal Assistance Listing Number Assigned. Note D - Uniform Guidance: The Schedule includes the federal awared activity of Oak Ridge Associated Universities, Incorporated under programs of the federal goverment for the year ended September 30, 2023. The information in this Schedule is presented in accordance with the requirments of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirments, Cost priniciples, and Audit requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operation of Oak Ridge Associated Universitites Incorporated, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Oak Ridge Associated Universitites, Incorporated. Note E - The Organization did not receive or expend any federal awards during fiscal year 2023 in the form of non-cash assistance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Uniform Guidance: The Schedule includes the federal awared activity of Oak Ridge Associated Universities, Incorporated under programs of the federal goverment for the year ended September 30, 2023. The information in this Schedule is presented in accordance with the requirments of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirments, Cost priniciples, and Audit requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operation of Oak Ridge Associated Universitites Incorporated, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Oak Ridge Associated Universitites, Incorporated.
Title: Note E
Accounting Policies: Note A - Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") is prepared on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and OMB Circular A-122, Federal cost principles applicable to for-profit entities, where in certain types of expenditures are not allowable or are limited as to reimbursement. Oak Ridge Associated Univesrities operate under federal cost princples applicable to- for profit entities due to its size and nature of operations. The expenditure threshold for classification as a Type A program excluding ORISE is $1,712,649. The expenditure threshold for classification as a Type A program including ORISE is $3,000,000. The Organization has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. There were no awards passed through to subrecipients. Note B - Oak Ridge Institute for Science and Education; Represents the total reimbursable operating expenses and captial expenditures of Oak Ridge Institute for Science and Education. As an integreated contractor, Oak Ridge Associated Universitites, Incorporated discloses the gross activity of the managed operation on the consolidated statement of activities which nets to the management fee earning in the performance of the contract. The contract requires that the provisions of the Uniform Guidance apply to the contract. Note C - No specific Federal Assistance Listing Number Assigned. Note D - Uniform Guidance: The Schedule includes the federal awared activity of Oak Ridge Associated Universities, Incorporated under programs of the federal goverment for the year ended September 30, 2023. The information in this Schedule is presented in accordance with the requirments of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirments, Cost priniciples, and Audit requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operation of Oak Ridge Associated Universitites Incorporated, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Oak Ridge Associated Universitites, Incorporated. Note E - The Organization did not receive or expend any federal awards during fiscal year 2023 in the form of non-cash assistance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Organization did not receive or expend any federal awards during fiscal year 2023 in the form of non-cash assistance.