Title: Basis of Presentation
Accounting Policies: The accompanying Schedule of Expenditures of Federal and Non-federal Awards (“the Schedule”)
includes the federal award activity of New Economics for Women and Affiliates (“NEW”), under
the programs of the federal government for the year ended June 30, 2023. The Schedule is presented
in accordance with 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 NEW, it is not intended
to and does not present the financial position, changes in net assets, or cash flows of NEW.
De Minimis Rate Used: N
Rate Explanation: NEW has elected not to use the 10 percent de minimis indirect cost rate as allowed under the
Uniform Guidance.
The accompanying Schedule of Expenditures of Federal and Non-federal Awards (“the Schedule”)
includes the federal award activity of New Economics for Women and Affiliates (“NEW”), under
the programs of the federal government for the year ended June 30, 2023. The Schedule is presented
in accordance with 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 NEW, it is not intended
to and does not present the financial position, changes in net assets, or cash flows of NEW.
Title: Basis of Accounting
Accounting Policies: The accompanying Schedule of Expenditures of Federal and Non-federal Awards (“the Schedule”)
includes the federal award activity of New Economics for Women and Affiliates (“NEW”), under
the programs of the federal government for the year ended June 30, 2023. The Schedule is presented
in accordance with 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 NEW, it is not intended
to and does not present the financial position, changes in net assets, or cash flows of NEW.
De Minimis Rate Used: N
Rate Explanation: NEW has elected not to use the 10 percent de minimis indirect cost rate as allowed under the
Uniform Guidance.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in 2 CFR 200, Subpart E (Cost
Principles), wherein certain types of expenditures are not allowed or are limited as to reimbursement.
NEW has elected not to use the 10 percent de minimis indirect cost rate as allowed under the
Uniform Guidance.
Title: Pass-through to Sub-recipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal and Non-federal Awards (“the Schedule”)
includes the federal award activity of New Economics for Women and Affiliates (“NEW”), under
the programs of the federal government for the year ended June 30, 2023. The Schedule is presented
in accordance with 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 NEW, it is not intended
to and does not present the financial position, changes in net assets, or cash flows of NEW.
De Minimis Rate Used: N
Rate Explanation: NEW has elected not to use the 10 percent de minimis indirect cost rate as allowed under the
Uniform Guidance.
The following list includes sub-recipients and expenditure amounts per Federal Assistance Listing
(“FAL”) Number as of June 30, 2023.
FAL # Amount
Central America Resource Center 14.218 $ 59,417
Central America Resource Center 93.569 40,583
Jewish Family Services 14.218 23,767
Jewish Family Services 93.569 16,233
$140,000
Title: Other Information
Accounting Policies: The accompanying Schedule of Expenditures of Federal and Non-federal Awards (“the Schedule”)
includes the federal award activity of New Economics for Women and Affiliates (“NEW”), under
the programs of the federal government for the year ended June 30, 2023. The Schedule is presented
in accordance with 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 NEW, it is not intended
to and does not present the financial position, changes in net assets, or cash flows of NEW.
De Minimis Rate Used: N
Rate Explanation: NEW has elected not to use the 10 percent de minimis indirect cost rate as allowed under the
Uniform Guidance.
NEW did not receive federal insurance, loans, or non-cash assistance during the year ended June 30,
2023 that are required to be reflected on the Schedule.