Audit 333087

FY End
2024-06-30
Total Expended
$1.06M
Findings
0
Programs
3
Organization: Bella Ease (IL)
Year: 2024 Accepted: 2024-12-17
Auditor: Wade Stables PC

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $255,272 Yes 0
84.425 Education Stabilization Fund $125,895 - 0
10.558 Child and Adult Care Food Program $62,975 - 0

Contacts

Name Title Type
F8WTFL91YJY5 Cheryl Williams Auditee
2172090632 Anita Failor Auditor
No contacts on file

Notes to SEFA

Title: Non-Monetary Federal Awards Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Bella Ease and is presented on the modified cash basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in, the preparation of the basic financial statements. De Minimis Rate Used: Y Rate Explanation: For the year ended June 30, 2024, Bella Ease used the 10% de minimis indirect cost rate. Bella Ease does not receive non-monetary federal awards.
Title: Subrecipients Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Bella Ease and is presented on the modified cash basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in, the preparation of the basic financial statements. De Minimis Rate Used: Y Rate Explanation: For the year ended June 30, 2024, Bella Ease used the 10% de minimis indirect cost rate. Federal funds are not passed through to any subrecipients.
Title: Insurance Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Bella Ease and is presented on the modified cash basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in, the preparation of the basic financial statements. De Minimis Rate Used: Y Rate Explanation: For the year ended June 30, 2024, Bella Ease used the 10% de minimis indirect cost rate. Bella Ease had no federal insurance in effect for the year ended June 30, 2024.
Title: Loans and Loan Guarantees Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Bella Ease and is presented on the modified cash basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in, the preparation of the basic financial statements. De Minimis Rate Used: Y Rate Explanation: For the year ended June 30, 2024, Bella Ease used the 10% de minimis indirect cost rate. Bella Ease had no loans or loan agreements as of or for the year ended June 30, 2024.