Title: Basis of Accounting
Accounting Policies: The accompanying schedule of expenditures of federal, state and local awards (the schedule) has been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. The information in this schedule is presented in accordance with the 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). Because the schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Organization.
The Organization contracts individually with various County or State agencies, as noted on the schedule, for the purchase of services under various programs as provided by the Organization. Services are purchased for children placed by respective County or State agencies based upon contractual per diem rates by program, wherein certain types of expenditures are not allowable or
are limited as to reimbursement. For purposes of the schedule of expenditures of federal, state and local awards, the Organization considers the federal portion of contractual per diem rates to be expended first.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimus indirect cost rate for all federal grants.
The accompanying schedule of expenditures of federal, state and local awards is presented using the accrual basis of accounting. The amounts reported in the schedule may differ from certain financial reports submitted to funding agencies due to those reports being submitted on either a cash or modified accrual basis of accounting
Title: Relationship to Basic Financial Statements
Accounting Policies: The accompanying schedule of expenditures of federal, state and local awards (the schedule) has been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. The information in this schedule is presented in accordance with the 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). Because the schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Organization.
The Organization contracts individually with various County or State agencies, as noted on the schedule, for the purchase of services under various programs as provided by the Organization. Services are purchased for children placed by respective County or State agencies based upon contractual per diem rates by program, wherein certain types of expenditures are not allowable or
are limited as to reimbursement. For purposes of the schedule of expenditures of federal, state and local awards, the Organization considers the federal portion of contractual per diem rates to be expended first.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimus indirect cost rate for all federal grants.
Federal, state and local awards are reported on the statement of funtional expenses as program expenses. In certain programs, the expenditures reported in the basic financial statements may differ from the expenditures reported in the schedule of expenditures of federal, state and local awards due to program expenditures exceeding grant or contract budget limitations or agency matching or in-kind contributions which are not included.
Title: Federal State Commingled Funds
Accounting Policies: The accompanying schedule of expenditures of federal, state and local awards (the schedule) has been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. The information in this schedule is presented in accordance with the 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). Because the schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Organization.
The Organization contracts individually with various County or State agencies, as noted on the schedule, for the purchase of services under various programs as provided by the Organization. Services are purchased for children placed by respective County or State agencies based upon contractual per diem rates by program, wherein certain types of expenditures are not allowable or
are limited as to reimbursement. For purposes of the schedule of expenditures of federal, state and local awards, the Organization considers the federal portion of contractual per diem rates to be expended first.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimus indirect cost rate for all federal grants.
The Organization received Title IV-E funding that passed through various Commonwealth of Pennsylvania Counties. Many of these contracts contain a blend of state and federal awards. Based on the most recent available information, amounts reported on the accompanying schedule of expenditures of federal, state and local awards include both federal and state funding.