Title: General Information
Accounting Policies: The accompanying schedule of expenditures of federal and state awards (the Schedule) presents the activities in all the federal and state financial awards programs of Melmark, Inc. (Melmark). All financial awards received directly from federal and state agencies, as well as financial awards passed through other governmental agencies, are included on the Schedule.
The Schedule includes federal and state grant activity of Melmark under programs of the federal and state government for the year ended June 30, 2024. The information in this Schedule is presented in accordance with the 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 Melmark, it is not intended to and does not present the financial position, changes in net assets or cash flows of Melmark.
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, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. Melmark has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. Melmark has not provided federal awards to any subrecipients for the year ended June 30, 2024.
Expenditures of federal and state awards are reported on the statement of activities as operating expenses. In certain programs, the expenditures reported in the consolidated financial statements differ from the expenditures reported in the schedule of expenditures of federal and state awards because program expenditures and other expenditures may exceed contract budget limitations, and are therefore not included as expenditures of federal and state awards.
De Minimis Rate Used: N
Rate Explanation: Melmark has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal and state awards (the Schedule) presents the activities in all the federal and state financial awards programs of Melmark, Inc. (Melmark). All financial awards received directly from federal and state agencies, as well as financial awards passed through other governmental agencies, are included on the Schedule.
Title: Basis of Presentation
Accounting Policies: The accompanying schedule of expenditures of federal and state awards (the Schedule) presents the activities in all the federal and state financial awards programs of Melmark, Inc. (Melmark). All financial awards received directly from federal and state agencies, as well as financial awards passed through other governmental agencies, are included on the Schedule.
The Schedule includes federal and state grant activity of Melmark under programs of the federal and state government for the year ended June 30, 2024. The information in this Schedule is presented in accordance with the 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 Melmark, it is not intended to and does not present the financial position, changes in net assets or cash flows of Melmark.
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, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. Melmark has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. Melmark has not provided federal awards to any subrecipients for the year ended June 30, 2024.
Expenditures of federal and state awards are reported on the statement of activities as operating expenses. In certain programs, the expenditures reported in the consolidated financial statements differ from the expenditures reported in the schedule of expenditures of federal and state awards because program expenditures and other expenditures may exceed contract budget limitations, and are therefore not included as expenditures of federal and state awards.
De Minimis Rate Used: N
Rate Explanation: Melmark has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Schedule includes federal and state grant activity of Melmark under programs of the federal and state government for the year ended June 30, 2024. The information in this Schedule is presented in accordance with the 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 Melmark, it is not intended to and does not present the financial position, changes in net assets or cash flows of Melmark.
Title: Summary of Significant Accounting Policies
Accounting Policies: The accompanying schedule of expenditures of federal and state awards (the Schedule) presents the activities in all the federal and state financial awards programs of Melmark, Inc. (Melmark). All financial awards received directly from federal and state agencies, as well as financial awards passed through other governmental agencies, are included on the Schedule.
The Schedule includes federal and state grant activity of Melmark under programs of the federal and state government for the year ended June 30, 2024. The information in this Schedule is presented in accordance with the 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 Melmark, it is not intended to and does not present the financial position, changes in net assets or cash flows of Melmark.
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, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. Melmark has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. Melmark has not provided federal awards to any subrecipients for the year ended June 30, 2024.
Expenditures of federal and state awards are reported on the statement of activities as operating expenses. In certain programs, the expenditures reported in the consolidated financial statements differ from the expenditures reported in the schedule of expenditures of federal and state awards because program expenditures and other expenditures may exceed contract budget limitations, and are therefore not included as expenditures of federal and state awards.
De Minimis Rate Used: N
Rate Explanation: Melmark has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
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, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. Melmark has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. Melmark has not provided federal awards to any subrecipients for the year ended June 30, 2024.
Title: Relationship to Basic Financial Statements
Accounting Policies: The accompanying schedule of expenditures of federal and state awards (the Schedule) presents the activities in all the federal and state financial awards programs of Melmark, Inc. (Melmark). All financial awards received directly from federal and state agencies, as well as financial awards passed through other governmental agencies, are included on the Schedule.
The Schedule includes federal and state grant activity of Melmark under programs of the federal and state government for the year ended June 30, 2024. The information in this Schedule is presented in accordance with the 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 Melmark, it is not intended to and does not present the financial position, changes in net assets or cash flows of Melmark.
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, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. Melmark has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. Melmark has not provided federal awards to any subrecipients for the year ended June 30, 2024.
Expenditures of federal and state awards are reported on the statement of activities as operating expenses. In certain programs, the expenditures reported in the consolidated financial statements differ from the expenditures reported in the schedule of expenditures of federal and state awards because program expenditures and other expenditures may exceed contract budget limitations, and are therefore not included as expenditures of federal and state awards.
De Minimis Rate Used: N
Rate Explanation: Melmark has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Expenditures of federal and state awards are reported on the statement of activities as operating expenses. In certain programs, the expenditures reported in the consolidated financial statements differ from the expenditures reported in the schedule of expenditures of federal and state awards because program expenditures and other expenditures may exceed contract budget limitations, and are therefore not included as expenditures of federal and state awards.
Title: Reconciliation of Expenditures to Schedule of Expenditures of Federal and State Awards
Accounting Policies: The accompanying schedule of expenditures of federal and state awards (the Schedule) presents the activities in all the federal and state financial awards programs of Melmark, Inc. (Melmark). All financial awards received directly from federal and state agencies, as well as financial awards passed through other governmental agencies, are included on the Schedule.
The Schedule includes federal and state grant activity of Melmark under programs of the federal and state government for the year ended June 30, 2024. The information in this Schedule is presented in accordance with the 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 Melmark, it is not intended to and does not present the financial position, changes in net assets or cash flows of Melmark.
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, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. Melmark has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. Melmark has not provided federal awards to any subrecipients for the year ended June 30, 2024.
Expenditures of federal and state awards are reported on the statement of activities as operating expenses. In certain programs, the expenditures reported in the consolidated financial statements differ from the expenditures reported in the schedule of expenditures of federal and state awards because program expenditures and other expenditures may exceed contract budget limitations, and are therefore not included as expenditures of federal and state awards.
De Minimis Rate Used: N
Rate Explanation: Melmark has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Expenses per consolidated statement of activities $ 124,210,353
Less expenses funded by public support, fundraising, private grants, and other income 91,363,699
Expenditures per Schedule of Expenditures of Federal and State Awards $ 32,846,654
Title: Subsequent Events
Accounting Policies: The accompanying schedule of expenditures of federal and state awards (the Schedule) presents the activities in all the federal and state financial awards programs of Melmark, Inc. (Melmark). All financial awards received directly from federal and state agencies, as well as financial awards passed through other governmental agencies, are included on the Schedule.
The Schedule includes federal and state grant activity of Melmark under programs of the federal and state government for the year ended June 30, 2024. The information in this Schedule is presented in accordance with the 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 Melmark, it is not intended to and does not present the financial position, changes in net assets or cash flows of Melmark.
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, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. Melmark has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. Melmark has not provided federal awards to any subrecipients for the year ended June 30, 2024.
Expenditures of federal and state awards are reported on the statement of activities as operating expenses. In certain programs, the expenditures reported in the consolidated financial statements differ from the expenditures reported in the schedule of expenditures of federal and state awards because program expenditures and other expenditures may exceed contract budget limitations, and are therefore not included as expenditures of federal and state awards.
De Minimis Rate Used: N
Rate Explanation: Melmark has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Melmark has evaluated subsequent events occurring after the consolidated financial statements date of June 30, 2024 through October 31, 2024, except for our report on the supplemental schedule of expenditures of federal and state awards, for which the subsequent events date is November 15, 2024, which is the date these consolidated financial statements were available to be issued. No events arose during that period which would require adjustments or additional disclosure.