Title: FEDERAL ASSISTANCE LISTINGS (FAN) NUMBERS
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of UMOM New Day Centers, Inc. (UMOM), except as discussed in Note 5 below, and is presented on the accrual basis of accounting. The information in this schedule is 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.
De Minimis Rate Used: N
Rate Explanation: UMOM did not elect to use the 10 percent de minimus indirect cost rate as covered in 2 CFR ?200.414 because it has approved rates with federal agencies.
The program titles and Federal Assistance Listings numbers were obtained from the federal or pass-through grantors or the 2022 Catalog of Federal Domestic Assistance Update.
Title: SUBRECIPIENTS
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of UMOM New Day Centers, Inc. (UMOM), except as discussed in Note 5 below, and is presented on the accrual basis of accounting. The information in this schedule is 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.
De Minimis Rate Used: N
Rate Explanation: UMOM did not elect to use the 10 percent de minimus indirect cost rate as covered in 2 CFR ?200.414 because it has approved rates with federal agencies.
UMOM passed through the following federal funds to a subrecipient during the fiscal year ended June 30, 2022:Save the Family Foundation of Arizona$426,121FAN 14.267$118,571FAN 93.558
Title: LOAN PROCEEDS
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of UMOM New Day Centers, Inc. (UMOM), except as discussed in Note 5 below, and is presented on the accrual basis of accounting. The information in this schedule is 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.
De Minimis Rate Used: N
Rate Explanation: UMOM did not elect to use the 10 percent de minimus indirect cost rate as covered in 2 CFR ?200.414 because it has approved rates with federal agencies.
This schedule includes outstanding loan balances due to the City of Phoenix totaling $2,082,359 at June 30, 2022 under Federal Assistance Listings number 14.239, including $1,323,359 due from Casa De Paz III Apartments, LLC, a subsidiary of Helping Hands Housing Services, LLC, and $759,000 due from UMOM. The outstanding balances for the loans are included on the schedule of expenditures of federal awards because these federal programs have continuing compliance requirements.