Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: The Schedule of Expenditures of Federal Awards summarizes the expenditures of Communities United, Inc. under programs funded by the federal government for the year ended January 31, 2022. The information 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 (the Uniform Guidance). The schedule is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Organization allocates indirect costs by program and has not utilized the 10% de minimis indirect cost rate.
The Schedule of Expenditures of Federal Awards summarizes the expenditures of Communities United, Inc. under programs funded by the federal government for the year ended January 31, 2022. The information 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 (the Uniform Guidance). The schedule is presented on the accrual basis of accounting.
Title: INDIRECT COSTS
Accounting Policies: The Schedule of Expenditures of Federal Awards summarizes the expenditures of Communities United, Inc. under programs funded by the federal government for the year ended January 31, 2022. The information 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 (the Uniform Guidance). The schedule is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Organization allocates indirect costs by program and has not utilized the 10% de minimis indirect cost rate.
The Organization allocates indirect costs by program and has not utilized the 10% de minimis indirect cost rate.