Notes to SEFA
Title: Note 1 - General
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 the Uniform Guidance, “Cost
Principles for Non-profit Organizations”, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Center and the Fund have elected not to use the 10% de minimis indirect cost rate.
The accompanying schedule of expenditures of federal, state and local awards presents expenditures
for all federal, state and local assistance awards that were in effect for the year ended June 30, 2023
for Family Violence Prevention Services, Inc. (the Center) and Battered Women’s Shelter
Endowment Fund (the Fund). The Center’s and the Fund’s reporting entity is described in Note 1 of
the basic consolidated financial statements.
Title: Note 2 - 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 the Uniform Guidance, “Cost
Principles for Non-profit Organizations”, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Center and the Fund have elected not to use the 10% de minimis indirect cost rate.
The accompanying schedule of expenditures of federal, state and local awards (the Schedule)
includes the federal, state and local grant activity of the Center and the Fund 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. Because the Schedule
presents only a selected portion of the operations of the Center and the Fund, it is not intended to
and does not present the financial position, changes in net assets, or cash flows of the Center and the
Fund.
Title: Note 4 - Other Disclosures
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 the Uniform Guidance, “Cost
Principles for Non-profit Organizations”, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Center and the Fund have elected not to use the 10% de minimis indirect cost rate.
There were no loans or loan guarantees outstanding at year-end. The Center and the Fund did not disburse any federal, state or local awards to subrecipients for the
year ended June 30, 2023. The Center and the Fund have elected not to use the 10% de minimis indirect cost rate.