Title: Basis of Accounting
Accounting Policies: The Schedule of Expenditures of Federal and State Awards (the Schedule) is prepared 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the general purpose financial statements.
De Minimis Rate Used: N
Rate Explanation: Expenditures reported on the SEFA are recognized following, as applicable, either the cost principles in 2 CFR Part 230, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The Schedule of Expenditures of Federal and State Awards (the Schedule) is prepared 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the general purpose financial statements.
Title: Indirect Cost
Accounting Policies: The Schedule of Expenditures of Federal and State Awards (the Schedule) is prepared 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the general purpose financial statements.
De Minimis Rate Used: N
Rate Explanation: Expenditures reported on the SEFA are recognized following, as applicable, either the cost principles in 2 CFR Part 230, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Expenditures reported on the Schedule are recognized following, as applicable, either the cost principles in 2 CFR Part 230, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. PWA Coalition of Dallas, Inc. dba AIDS Services of Dallas and Subsidiaries has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Loans and Loan Guarantees
Accounting Policies: The Schedule of Expenditures of Federal and State Awards (the Schedule) is prepared 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the general purpose financial statements.
De Minimis Rate Used: N
Rate Explanation: Expenditures reported on the SEFA are recognized following, as applicable, either the cost principles in 2 CFR Part 230, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
At December 31, 2023, the outstanding balance of the capital project loan and the 511 project loan was $274,986 and $1,425,445, respectively. The Organization withdrew all loan proceeds to spend on the capital projects during 2022, therefore, there is no expenditure on the Schedule. See Note 5 in Notes to Consolidated Financial Statements.