Title: NOTE 1. BASIS OF PRESENTATION
Accounting Policies: The accompanying schedule is presented on the accrual basis of accounting, which is the same basis of accounting used for financial reporting purposes. The information in this schedule is presented in accordance with requirements of OMB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations and Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from the amounts presented in, or used in the preparation, of the consolidated financial statements.
De Minimis Rate Used: Y
Rate Explanation: CAPNM has elected to use the direct allocation method allowed under Uniform Guidance.
The accompanying schedule is presented on the accrual basis of accounting, which is the same basis of accounting used for financial reporting purposes. The information in this schedule is presented in accordance with requirements of OMB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations and Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from the amounts presented in, or used in the preparation, of the consolidated financial statements.
Title: NOTE 2. PROGRAM SCHEDULES
Accounting Policies: The accompanying schedule is presented on the accrual basis of accounting, which is the same basis of accounting used for financial reporting purposes. The information in this schedule is presented in accordance with requirements of OMB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations and Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from the amounts presented in, or used in the preparation, of the consolidated financial statements.
De Minimis Rate Used: Y
Rate Explanation: CAPNM has elected to use the direct allocation method allowed under Uniform Guidance.
Program schedules are included for all grants, contracts, and projects with ending dates that occurred during the reporting period January 1, 202 through December 31, 2023. Because CAPNM administers programs with varying ending dates, the schedules that follow are based upon the program period. Many of the programs started in the previous year (2021), but were completed in the current year and, consequently; amounts shown differ from amounts reported in the accompanying financial statements. Acronyms used are as follows:
CAPNM Community Action Partnership of Northwest Montana
CRF Contingency Revolving Fund
CDBG Community Development Block Grant
CSBG Community Services Block Grant
DPHHS Montana Department of Health & Human Services
DOE Department of Energy
DOL Montana Department of Labor
HERA Housing and Economic Recovery Act of 2008
HOME Home Investment Partnerships Program
HUD Department of Housing and Urban Development
LIEAP Low-Income Energy Assistance Program
LISC Local Initiative Support Corporation
MDOC Montana Department of Commerce
MSH Mutual Self-Help Housing
SHOP Self-Help Housing Opportunities Program
SHR Self-Help Rehabilitation
TANF Temporary Assistance to Needy Families
USB Universal Systems Benefit
USDA United States Department of Agriculture
WX Weatherization
Title: NOTE 3. INDIRECT COST RATE
Accounting Policies: The accompanying schedule is presented on the accrual basis of accounting, which is the same basis of accounting used for financial reporting purposes. The information in this schedule is presented in accordance with requirements of OMB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations and Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from the amounts presented in, or used in the preparation, of the consolidated financial statements.
De Minimis Rate Used: Y
Rate Explanation: CAPNM has elected to use the direct allocation method allowed under Uniform Guidance.
CAPNM has elected to use the direct allocation method allowed under Uniform Guidance.
Title: NOTE 4. OUTSTANDING BALANCES OF LOANS/LOAN GUARANTEES – END OF YEAR
Accounting Policies: The accompanying schedule is presented on the accrual basis of accounting, which is the same basis of accounting used for financial reporting purposes. The information in this schedule is presented in accordance with requirements of OMB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations and Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from the amounts presented in, or used in the preparation, of the consolidated financial statements.
De Minimis Rate Used: Y
Rate Explanation: CAPNM has elected to use the direct allocation method allowed under Uniform Guidance.
Loan Guaranteed by the US Department of Agriculture 10.415 Loan Balance End of Year $1,574,296