Title: Note 1. Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Cook Inlet Tribal Council, Inc. and Subsidiaries has elected not to use the 10-percent de Minimis indirect cost rate allowed under Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Cook Inlet Tribal Council, Inc. and Subsidiaries under Programs of the federal government for the year ended September 30, 2024. 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 Cook Inlet Tribal Council, Inc. and Subsidiaries, it is not intended to and does not present the financial position, changes in net assets or cash flows of Cook Inlet Tribal Council, Inc. and Subsidiaries.
Title: Note 3. Indirect Cost Rate
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Cook Inlet Tribal Council, Inc. and Subsidiaries has elected not to use the 10-percent de Minimis indirect cost rate allowed under Uniform Guidance.
Cook Inlet Tribal Council, Inc. and Subsidiaries has elected not to use the 10-percent de Minimis indirect cost rate allowed under Uniform Guidance.
Title: Note 4. Commingled Assistance
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Cook Inlet Tribal Council, Inc. and Subsidiaries has elected not to use the 10-percent de Minimis indirect cost rate allowed under Uniform Guidance.
Under Public Law 102-477, Cook Inlet Tribal Council, Inc. and Subsidiaries received funding for FY2019-2021 and FY2022-FY2024 for the following programs: Indian Self Determination Contract Support (Assistance Listing # 15.024), Indian Employment Assistance (Assistance Listing # 15.108), Indian Social Services Welfare Assistance (Assistance Listing # 15.113), Indian Higher Education Grant (Assistance Listing # 15.114), Indian Education Assistance to Schools (Assistance Listing # 15.130), Native American Employment and Training (Assistance Listing # 17.265), WIOA National Dislocated Worker Grants/ WIA National Emergency Grants (Assistance Listing # 17.277), Native American Career and Technical Education Program (NACTEP) (Assistance Listing #84.101A), American Indian Vocational Rehabilitation Services (Assistance Listing # 84.250N), Alaska Native Educational Programs (Assistance Listing # 84.356A), Temporary Assistance for Needy Families (Assistance Listing # 93.558), Low-Income Home Energy Assistance (Assistance Listing # 93.568), Community Services Block Grant (Assistance Listing # 93.569), Child Care and Development Block Grant (Assistance Listing # 93.575), Tribal Work Grants (Assistance Listing # 93.594), and Child Care Mandatory and Matching Funds of the Child Care Development Fund (Assistance Listing # 93.596).
Title: Note 5. Refundable Advances by Assistance Listing Number
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Cook Inlet Tribal Council, Inc. and Subsidiaries has elected not to use the 10-percent de Minimis indirect cost rate allowed under Uniform Guidance.
Refundable advances by Assistance Listing Number at September 30, 2024 consists of the following:
Program Title Assistance Listing Number Amount
Indian Community Development Block Grant (ICDBG) 14.862 $ 29,372
Aid to Tribal Governments 15.020 149,389
Indian Child Welfare Act Title II Grants 15.144 116,720
Substance Abuse and Mental Health Services Projects
of Regional and National Significance 93.243 2,351
$ 297,832
Title: Note 6. Net Assets with Donor Restrictions by Assistance Listing Number
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Cook Inlet Tribal Council, Inc. and Subsidiaries has elected not to use the 10-percent de Minimis indirect cost rate allowed under Uniform Guidance.
Net assets with donor restrictions by Assistance Listing Number at September 30, 2024 consist of the following:
Program Title Assistance Listing Number Amount
2019-2021 P.L. 102-477 Contract 15.U03 $ 23,864,119
2022-2024 P.L. 102-477 Contract 15.U04 20,155,891
638 Contract - Aid to Tribal Governments 15.020 40,119
638 Contract - Tribal Self Governance 15.022 36,986
638 Contract - Indian Self Determination Contract Support 15.024 219,917
638 Contract - Services to Indian Children, Elderly, and Families 15.025 757,304
638 Contract - Tribal Courts 15.029 165,222
638 Contract - Indian Law Enforcement 15.030 218,180
638 Contract - Indian Housing Assistance 15.141 574,973
Indian Child Welfare Act Title II Grants 15.144 160,500
Indian Self Determination 93.441 246,613
$ 46,439,824
Title: Note 7. Consolidated Financial Statements
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, as applicable, Cost Principles for Non-Profit Organizations, or the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Cook Inlet Tribal Council, Inc. and Subsidiaries has elected not to use the 10-percent de Minimis indirect cost rate allowed under Uniform Guidance.
The schedule of expenditure of federal awards, included in this report only includes the federal expenditures of Cook Inlet Tribal Council, Inc. and Subsidiaries (CITC). This report does not include the federal expenditures for Alaska Native Justice Center Inc. (ANJC) or Clare Swan Early Leaning Center (CSELC). A separate report is issued for ANJC and CSELC that includes their schedule of expenditure of federal awards. ANJC and CSELC file separate data collection forms for reporting under Uniform Guidance. Included in the CITC's consolidated financial statements is $7,340,250 of federal government revenue related to ANJC which includes $1,713,669 in amounts passed through CITC, and $3,692,561 of federal government revenue related to CSELC which includes $2,352,102 in amounts passed through CITC.