Title: Note 1. Basis of presentation
Accounting Policies: The accompanying schedule of expenditures of federal awards and state projects includes the
federal and state grant activity of Aging Matters of Brevard and is presented on the accrual basis of
accounting. The information in this 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"), and Chapter
10.650, Rules of the Auditor General . Therefore, some amounts presented in this schedule may
differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimis indirect cost rate allowed under
Uniform Guidance.
The accompanying schedule of expenditures of federal awards and state projects includes the
federal and state grant activity of Aging Matters of Brevard and is presented on the accrual basis of
accounting. The information in this 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"), and Chapter
10.650, Rules of the Auditor General . Therefore, some amounts presented in this schedule may
differ from amounts presented in, or used in the preparation of, the financial statements.
Title: Note 2. Aging Cluster
Accounting Policies: The accompanying schedule of expenditures of federal awards and state projects includes the
federal and state grant activity of Aging Matters of Brevard and is presented on the accrual basis of
accounting. The information in this 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"), and Chapter
10.650, Rules of the Auditor General . Therefore, some amounts presented in this schedule may
differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimis indirect cost rate allowed under
Uniform Guidance.
As defined by 2 CFR Part 200, a grouping of closely related programs that share common
compliance requirements is considered a cluster of programs. The Aging Cluster Programs listed in
the accompanying schedule of expenditures of federal awards and state projects meet the
definition of a cluster.
Title: Note 3. Indirect Costs
Accounting Policies: The accompanying schedule of expenditures of federal awards and state projects includes the
federal and state grant activity of Aging Matters of Brevard and is presented on the accrual basis of
accounting. The information in this 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"), and Chapter
10.650, Rules of the Auditor General . Therefore, some amounts presented in this schedule may
differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimis indirect cost rate allowed under
Uniform Guidance.
The Organization has not elected to use the 10% de minimis indirect cost rate allowed under Uniform Guidance.
Title: Note 4. Loans and Loan Guarantees
Accounting Policies: The accompanying schedule of expenditures of federal awards and state projects includes the
federal and state grant activity of Aging Matters of Brevard and is presented on the accrual basis of
accounting. The information in this 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"), and Chapter
10.650, Rules of the Auditor General . Therefore, some amounts presented in this schedule may
differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimis indirect cost rate allowed under
Uniform Guidance.
At December 31, 2023, the Organization has no Federal or State loans required to be reported on
this schedule.
Title: Note 5. Noncash Federal Assistance
Accounting Policies: The accompanying schedule of expenditures of federal awards and state projects includes the
federal and state grant activity of Aging Matters of Brevard and is presented on the accrual basis of
accounting. The information in this 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"), and Chapter
10.650, Rules of the Auditor General . Therefore, some amounts presented in this schedule may
differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimis indirect cost rate allowed under
Uniform Guidance.
The Organization did not receive any noncash Federal assistance for the year ended December 31,
2023.