Title: General Information
Accounting Policies: GENERAL INFORMATION:The accompanying schedule of expenditures of federal, state, and city awards (the
Schedule) includes the award activity of Mazzoni Center, under programs of the federal,
state, and city government for the year ended June 30, 2023. 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). Because the Schedule presents only
a selected portion of the operations of Mazzoni Center, it is not intended to and does not
present the financial position, changes in net assets, or cash flows of Mazzoni Center.
De Minimis Rate Used: Y
Rate Explanation: Mazzoni Center has elected to use the 10% de Minimis indirect cost rate allowed under the
Uniform Guidance.
The accompanying schedule of expenditures of federal, state, and city awards (the
Schedule) includes the award activity of Mazzoni Center, under programs of the federal,
state, and city government for the year ended June 30, 2023. 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). Because the Schedule presents only
a selected portion of the operations of Mazzoni Center, it is not intended to and does not
present the financial position, changes in net assets, or cash flows of Mazzoni Center.
Title: Basis of Accounting
Accounting Policies: GENERAL INFORMATION:The accompanying schedule of expenditures of federal, state, and city awards (the
Schedule) includes the award activity of Mazzoni Center, under programs of the federal,
state, and city government for the year ended June 30, 2023. 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). Because the Schedule presents only
a selected portion of the operations of Mazzoni Center, it is not intended to and does not
present the financial position, changes in net assets, or cash flows of Mazzoni Center.
De Minimis Rate Used: Y
Rate Explanation: Mazzoni Center has elected to use the 10% de Minimis indirect cost rate 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 the Uniform
Guidance wherein certain types of expenditures are not allowable or are limited as to
reimbursement.
The amounts reported in this Schedule as expenditures may differ from certain financial reports
submitted to funding agencies because those reports may be submitted on either a cash or
modified accrual basis of accounting.
Expenditures of federal, state, and city awards are reported on the consolidated statement of
activities as operating expenses. In certain programs, the expenditures reported in the basic
consolidated financial statements differ from the expenditures reported in the Schedule
because other program expenditures and expenditures may exceed contract budget limitations,
and are therefore not included as expenditures of federal, state, and city awards.
Title: Indirect Cost Rate
Accounting Policies: GENERAL INFORMATION:The accompanying schedule of expenditures of federal, state, and city awards (the
Schedule) includes the award activity of Mazzoni Center, under programs of the federal,
state, and city government for the year ended June 30, 2023. 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). Because the Schedule presents only
a selected portion of the operations of Mazzoni Center, it is not intended to and does not
present the financial position, changes in net assets, or cash flows of Mazzoni Center.
De Minimis Rate Used: Y
Rate Explanation: Mazzoni Center has elected to use the 10% de Minimis indirect cost rate allowed under the
Uniform Guidance.
Mazzoni Center has elected to use the 10% de Minimis indirect cost rate allowed under the
Uniform Guidance.