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 TLC Child & Family Services (“TLC”), under programs of the
federal government for the six-months period ended June 30, 2024. 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 TLC, it is not intended to and does
not present the financial position, changes in net assets, or cash flows of TLC.
De Minimis Rate Used: N
Rate Explanation: TLC 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 TLC Child & Family Services (“TLC”), under programs of the
federal government for the six-months period ended June 30, 2024. 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 TLC, it is not intended to and does
not present the financial position, changes in net assets, or cash flows of TLC.
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 TLC Child & Family Services (“TLC”), under programs of the
federal government for the six-months period ended June 30, 2024. 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 TLC, it is not intended to and does
not present the financial position, changes in net assets, or cash flows of TLC.
De Minimis Rate Used: N
Rate Explanation: TLC 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 allowed or are limited as to reimbursement.
TLC 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 TLC Child & Family Services (“TLC”), under programs of the
federal government for the six-months period ended June 30, 2024. 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 TLC, it is not intended to and does
not present the financial position, changes in net assets, or cash flows of TLC.
De Minimis Rate Used: N
Rate Explanation: TLC did not elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
TLC 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 TLC Child & Family Services (“TLC”), under programs of the
federal government for the six-months period ended June 30, 2024. 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 TLC, it is not intended to and does
not present the financial position, changes in net assets, or cash flows of TLC.
De Minimis Rate Used: N
Rate Explanation: TLC did not elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
TLC did not receive federal insurance, loans, or non-cash assistance during the six-months period
ended June 30, 2024.