Notes to SEFA
Title: Basis of Presentation
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Central Louisiana AIDS Support Services and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The Central Louisiana AIDS Support Services did not elect to use the 10% de minims indirect cost rate during the year ended December 31, 2023.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Central Louisiana AIDS Support Services and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this may differ from amounts presented in, or used in the preparation of, the basic financial statements.
Title: Indirect Cost Rate Election
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Central Louisiana AIDS Support Services and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The Central Louisiana AIDS Support Services did not elect to use the 10% de minims indirect cost rate during the year ended December 31, 2023.
The Central Louisiana AIDS Support Services did not elect to use the 10% de minims indirect cost rate during the year ended December 31, 2023.
Title: Reconciliation of Expenses to Federal Expenditures
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Central Louisiana AIDS Support Services and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The Central Louisiana AIDS Support Services did not elect to use the 10% de minims indirect cost rate during the year ended December 31, 2023.
Program expenses $2,381,832
Non-cash adjustment – depreciation (7,609)
Non-federal expenditures (201,406)
Total Federal Expenditures $2,172,817