Notes to SEFA
Title: NOTE A – BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting in accordance with accounting
principles generally accepted in the United States of America (GAAP). Such expenditures are recognized following
the cost principles contained in 2 CFR Section 200.502 wherein certain types of expenditures are not allowable or
are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Auditee used approved restricted indirect cost rate of 12.66% and its approved unrestricted indirect cost rate of 13.13%.
The accompanying Schedule of Expenditures of Federal and State Awards (the Schedule) includes the federal and
state grant activity of United Way of San Antonio and Bexar County (“UWSA”) under programs of the federal and
state governments for the year ended June 30, 2024. The information in the Schedule is presented in accordance
with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative
Requirements, Costs Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the Texas
Grant Management Standards (TxGMS). Because the Schedule presents only a selected portion of the operations
of UWSA, it is not intended to, and does not, present the financial position, changes in net assets, or cash flows of
UWSA. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the
preparation of, the basic financial statements.
All of UWSA’s federal and state awards were in the form of cash assistance. UWSA had no federal or state funded
insurance programs or loan guarantees during the year ended June 30, 2024.
UWSA used its approved restricted indirect cost rate of 12.66% and its approved unrestricted indirect cost rate of
13.13% during the year ended June 30, 2024.
Title: NOTE B – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting in accordance with accounting
principles generally accepted in the United States of America (GAAP). Such expenditures are recognized following
the cost principles contained in 2 CFR Section 200.502 wherein certain types of expenditures are not allowable or
are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Auditee used approved restricted indirect cost rate of 12.66% and its approved unrestricted indirect cost rate of 13.13%.
Expenditures reported on the schedule are reported on the accrual basis of accounting in accordance with accounting
principles generally accepted in the United States of America (GAAP). Such expenditures are recognized following
the cost principles contained in 2 CFR Section 200.502 wherein certain types of expenditures are not allowable or
are limited as to reimbursement.
Title: NOTE C – RECONCILIATION TO AUDITED FINANCIAL STATEMENTS
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting in accordance with accounting
principles generally accepted in the United States of America (GAAP). Such expenditures are recognized following
the cost principles contained in 2 CFR Section 200.502 wherein certain types of expenditures are not allowable or
are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Auditee used approved restricted indirect cost rate of 12.66% and its approved unrestricted indirect cost rate of 13.13%.
Total expenditures of federal awards $ 6,316,994
Total expenditures of state awards 3,100,662
Other grants and contracts 1,618,917
Total revenue for grants and contracts per
consolidated statement of activities $ 11,036,573
Title: NOTE D – RECONCILIATION TO FUNDS REMITTED BY STATE
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting in accordance with accounting
principles generally accepted in the United States of America (GAAP). Such expenditures are recognized following
the cost principles contained in 2 CFR Section 200.502 wherein certain types of expenditures are not allowable or
are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Auditee used approved restricted indirect cost rate of 12.66% and its approved unrestricted indirect cost rate of 13.13%.
Total awards reported by the state $ 3,159,671
Other timing differences for expenses paid (59,009)
Total expenditures of state awards $ 3,100,662