Title: Basis of Presentation
Accounting Policies: The accompanying Schedule of Expenditures of Federal and Non-federal Awards (“the Schedule”) includes the federal award activity of TLC Child & Family Services (“TLC”), under programs of the federal government for the year ended December 31, 2023. The Schedule is presented in accordance with requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of TLC, it is not intended to and does not present the financial position, changes in net assets, or cash flows of TLC.
De Minimis Rate Used: N
Rate Explanation: TLC did not elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance
includes the federal award activity of TLC Child & Family Services (“TLC”), under programs of the federal government for the year ended December 31, 2023. The Schedule is presented in accordance with requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of TLC, it is not intended to and does not present the financial position, changes in net assets, or cash flows of TLC.
Title: Basis of Accounting
Accounting Policies: The accompanying Schedule of Expenditures of Federal and Non-federal Awards (“the Schedule”) includes the federal award activity of TLC Child & Family Services (“TLC”), under programs of the federal government for the year ended December 31, 2023. The Schedule is presented in accordance with requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of TLC, it is not intended to and does not present the financial position, changes in net assets, or cash flows of TLC.
De Minimis Rate Used: N
Rate Explanation: TLC did not elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance
expenditures are recognized following the cost principles contained in 2 CFR 200, Subpart E (Cost Principles), wherein certain types of expenditures are not allowed or are limited as to reimbursement. TLC did not elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Pass-through to Sub-receipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal and Non-federal Awards (“the Schedule”) includes the federal award activity of TLC Child & Family Services (“TLC”), under programs of the federal government for the year ended December 31, 2023. The Schedule is presented in accordance with requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of TLC, it is not intended to and does not present the financial position, changes in net assets, or cash flows of TLC.
De Minimis Rate Used: N
Rate Explanation: TLC did not elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance
TLC did not provide any federal awards to sub-recipients.
Title: Other Information
Accounting Policies: The accompanying Schedule of Expenditures of Federal and Non-federal Awards (“the Schedule”) includes the federal award activity of TLC Child & Family Services (“TLC”), under programs of the federal government for the year ended December 31, 2023. The Schedule is presented in accordance with requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of TLC, it is not intended to and does not present the financial position, changes in net assets, or cash flows of TLC.
De Minimis Rate Used: N
Rate Explanation: TLC did not elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance
TLC did not receive federal insurance, loans, or non-cash assistance during the year ended December 31, 2023.