Notes to SEFA
Title: NOTE A - BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying Schedule of Expenditures of Federal Awards (the schedule)includes the federal grant activity of Centro de Ayuda y Terapia al Niño con Impedimento, Inc. under programs of the federal government for the year ended December 31, 2023. The information in this schedule is presented in accordancewith the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part200, Uniform Administrative Requirements, Cost Princivles and AuditRequirements ofFederalA wards (Uniform Guidance). Therefore, some amountspresented in the schedule may differ from the amounts presented in theOrganizations financial statements. Because the schedule presents only a selectedportion of the operation of the Organization, it is not intended to and does notpresent the financial position, changes in net assets or cash flow of theOrganization.
Title: NOTE C - ASSISTANCE LISTING NUMBER
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Assistance Listing Number (ALN) is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence to most grants and cooperative agreements funded by the Federal government
Title: NOTE E - RECONCILIATION OF EXPENDITURES PRESENTED IN THE SCHEDULE OF EXPEND
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
See the Notes to the SEFA for chart/table