Notes to SEFA
Title: Note 1. Basis of Accounting
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, wherein 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 schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Missoula Aging Services under programs of the federal 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 Missoula Aging Services, it is not intended to and does not present the consolidated financial position, changes in net position, or cash flows of Missoula Aging Services.
Title: Note 4. Programs
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, wherein 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 receives a significant portion of funding from the Department of Health and Human Services and the Corporation for National and Community Service. The major program for the year ended June 30, 2024, was the Aging Cluster comprised of ALN 93.044, 93.045, and 93.053.
Title: Note 5. Subrecipients
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, wherein 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 of federal awards presented in the above schedule include federal awards passed-through to subrecipients as follows:
Program
Assistance Listing Number
Amount to Subrecipient
Special Programs for the Aging, Title III, Part D
93.043
$5,531
Special Programs for the Aging, Title III, Part B
93.044
59,046
Special Programs for the Aging, Title III, Part C
93.045
168,327
Special Programs for the Aging, Title VII, Chapter 2
93.042
4,816
National Family Caregiver Support
93.052
39,106
Cash-in-lieu Commodities
93.053
25,088
Montana SMP Project
93.048
144,621
ACL-ADP-Alzheimers
93.470
-
Center for Medicare and Medicaid Services
93.779
18,343
Medicare Improvements for Patients and Providers Outreach
93.071
8,711
Total
$473,589