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 Children's Council of San Francisco (“Children’s Council”)
under programs of the federal government for the year ended June 30, 2024. The 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 Children’s
Council, it is not intended to and does not present the financial position, changes in net assets, or
cash flows of Children’s Council.
De Minimis Rate Used: N
Rate Explanation: Children’s Council did not elect to use the 10% de minimis indirect cost rate allowed
under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal and Non-federal Awards (“the Schedule”)
includes the federal award activity of Children's Council of San Francisco (“Children’s Council”)
under programs of the federal government for the year ended June 30, 2024. The 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 Children’s
Council, it is not intended to and does not present the financial position, changes in net assets, or
cash flows of Children’s Council.
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 Children's Council of San Francisco (“Children’s Council”)
under programs of the federal government for the year ended June 30, 2024. The 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 Children’s
Council, it is not intended to and does not present the financial position, changes in net assets, or
cash flows of Children’s Council.
De Minimis Rate Used: N
Rate Explanation: Children’s Council did not elect 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 2 CFR 200, Subpart E (Cost
Principles), wherein certain types of expenditures are not allowable or are limited as to
reimbursement. Children’s Council did not elect to use the 10% de minimis indirect cost rate 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 Children's Council of San Francisco (“Children’s Council”)
under programs of the federal government for the year ended June 30, 2024. The 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 Children’s
Council, it is not intended to and does not present the financial position, changes in net assets, or
cash flows of Children’s Council.
De Minimis Rate Used: N
Rate Explanation: Children’s Council did not elect to use the 10% de minimis indirect cost rate allowed
under the Uniform Guidance.
Children’s Council did not provide any federal awards to sub-recipients.
Title: Other Information
Accounting Policies: The accompanying Schedule of Expenditures of Federal and Non-federal Awards (“the Schedule”)
includes the federal award activity of Children's Council of San Francisco (“Children’s Council”)
under programs of the federal government for the year ended June 30, 2024. The 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 Children’s
Council, it is not intended to and does not present the financial position, changes in net assets, or
cash flows of Children’s Council.
De Minimis Rate Used: N
Rate Explanation: Children’s Council did not elect to use the 10% de minimis indirect cost rate allowed
under the Uniform Guidance.
Children’s Council did not receive federal insurance, loans, or non-cash assistance during the year
ended June 30, 2024.