Title: Note 1 General
Accounting Policies: Expenditures reported on the Schedules are presented using the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and State of New Jersey, Department of Human Services Cost Reimbursement Manual and State of New Jersey, Department of Children and Families Cost Reimbursement Manual, wherin certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedules of expenditures of federal awards and state financial assistance (the “Schedules”) include the federal and state grant activity of the Organization under programs of the federal and state government for the year ended June 30, 2024. The information in these Schedules is presented in accordance with 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 State of New Jersey Circular Letter 15-08-OMB, Single Audit Policy for Recipients of Federal Grants, State Grants and State Aid (the “Circular”). Because the Schedules present only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, change in net assets, or cash flows of the Organization.
Title: Note 2 Summary of Significant Accounting Policies
Accounting Policies: Expenditures reported on the Schedules are presented using the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and State of New Jersey, Department of Human Services Cost Reimbursement Manual and State of New Jersey, Department of Children and Families Cost Reimbursement Manual, wherin certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Expenditures reported on the Schedules are presented using the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and State of New Jersey, Department of Human Services Cost
Reimbursement Manual and State of New Jersey, Department of Children and Families Cost Reimbursement Manual, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Note 3 Indirect Cost Rate
Accounting Policies: Expenditures reported on the Schedules are presented using the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and State of New Jersey, Department of Human Services Cost Reimbursement Manual and State of New Jersey, Department of Children and Families Cost Reimbursement Manual, wherin certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Note 4 Reconciliation of Government Grants to Schedules
Accounting Policies: Expenditures reported on the Schedules are presented using the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and State of New Jersey, Department of Human Services Cost Reimbursement Manual and State of New Jersey, Department of Children and Families Cost Reimbursement Manual, wherin certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Government grants revenue per audit
Fee for service contracts not reported on the schedules
Adjusted government grants revenue per audit
Expenses per Schedules
U.S. DOA - Child Nutrition
U.S. HUD - Supportive Housing Program
U.S. DHHS - Certified Community Behavior Health Centers
U.S. DHHS - Block Grants for Community Mental Health Services
U.S. DHHS - Temporary Assistance for Needy Families
NJ DOH - PATH, SCIP, IOC, ESH, DDMI
NJ DOH - SH/Individualized Case Management Services
NJ DCF - Direct Service Professional Wage Increase
NJ DCF - Fastow Youth Supported Housing
NJ DCF - Family Success Center
NJ DCF - School-Based Youth Service Program
NJ DCF - NJ4S Hub
NJ DCF - Mercer Reunification
NJ DCF - Mobile Response
Adjusted expenses per Schedules
Variance
$
$ 8,479,964
(316,527)
8,163,437
121,188
306,111
363,970
27,147
148,658
5,689,725
1,875
640,361
67,043
230,502
183,841
125,474
217,027
40,515
8,163,437
-