Title: 1. Basis of Presentation
Accounting Policies: 1. Basis of presentation The accompaning Schedule of Federal Awards include the federal grant activity of El Paso Child Guidance Center (a nonprofit organization) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulatios Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, sme amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. 2. Indirect Cost Rate The Center has not elected to use the 10% minimum indirect cost rate allowed under the Uniform Guidance. 3. Contingencies The entity had in effect for the fiscal year ended August 31, 2024, the following insurance coverage: Commercial General Liability $3,000,000 Automobile $1,000,000 Umbrella $1,000,000 Directors and Officers $1,000,000 4.Reconciliation of Federal Awards Feeral and state grants, Statements of Activities $991,595 Less State Grants (49,091) Federak expenditures, Scheddule of Expenditures of Federal Awards $942,504.
De Minimis Rate Used: N
Rate Explanation: The Center has elected to not use the 10% minimum indirect cost rate allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards include the federal grant activity of El Paso Child Guidance Center (a nonprofit organization) and is presented on the accrual 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.
Title: 2. Indirect Cost Rate
Accounting Policies: 1. Basis of presentation The accompaning Schedule of Federal Awards include the federal grant activity of El Paso Child Guidance Center (a nonprofit organization) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulatios Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, sme amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. 2. Indirect Cost Rate The Center has not elected to use the 10% minimum indirect cost rate allowed under the Uniform Guidance. 3. Contingencies The entity had in effect for the fiscal year ended August 31, 2024, the following insurance coverage: Commercial General Liability $3,000,000 Automobile $1,000,000 Umbrella $1,000,000 Directors and Officers $1,000,000 4.Reconciliation of Federal Awards Feeral and state grants, Statements of Activities $991,595 Less State Grants (49,091) Federak expenditures, Scheddule of Expenditures of Federal Awards $942,504.
De Minimis Rate Used: N
Rate Explanation: The Center has elected to not use the 10% minimum indirect cost rate allowed under the Uniform Guidance.
The Center has not elected to not use the 10% percent minimum indirect cost rate allowed under the Uniform Guidance.
Title: 3. Contingencies
Accounting Policies: 1. Basis of presentation The accompaning Schedule of Federal Awards include the federal grant activity of El Paso Child Guidance Center (a nonprofit organization) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulatios Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, sme amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. 2. Indirect Cost Rate The Center has not elected to use the 10% minimum indirect cost rate allowed under the Uniform Guidance. 3. Contingencies The entity had in effect for the fiscal year ended August 31, 2024, the following insurance coverage: Commercial General Liability $3,000,000 Automobile $1,000,000 Umbrella $1,000,000 Directors and Officers $1,000,000 4.Reconciliation of Federal Awards Feeral and state grants, Statements of Activities $991,595 Less State Grants (49,091) Federak expenditures, Scheddule of Expenditures of Federal Awards $942,504.
De Minimis Rate Used: N
Rate Explanation: The Center has elected to not use the 10% minimum indirect cost rate allowed under the Uniform Guidance.
3. Contingencies The entity had in effect for the fiscal year ended August 31, 2024, the following insurance coverage: Commercial General Liability $3,000,000 Automobile $1,000,000 Umbrella $1,000,000 Directors and Officers $1,000,000
Title: 4. Reconciliation of federal awards
Accounting Policies: 1. Basis of presentation The accompaning Schedule of Federal Awards include the federal grant activity of El Paso Child Guidance Center (a nonprofit organization) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulatios Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, sme amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. 2. Indirect Cost Rate The Center has not elected to use the 10% minimum indirect cost rate allowed under the Uniform Guidance. 3. Contingencies The entity had in effect for the fiscal year ended August 31, 2024, the following insurance coverage: Commercial General Liability $3,000,000 Automobile $1,000,000 Umbrella $1,000,000 Directors and Officers $1,000,000 4.Reconciliation of Federal Awards Feeral and state grants, Statements of Activities $991,595 Less State Grants (49,091) Federak expenditures, Scheddule of Expenditures of Federal Awards $942,504.
De Minimis Rate Used: N
Rate Explanation: The Center has elected to not use the 10% minimum indirect cost rate allowed under the Uniform Guidance.
4.Reconciliation of Federal Awards Feeral and state grants, Statements of Activities $991,595 Less State Grants (49,091) Federak expenditures, Scheddule of Expenditures of Federal Awards $942,504.