Notes to SEFA
Title: Basis of Presentation
Accounting Policies: BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Bridge to Home SCV (the "Organization") under programs of the federal government for the year ended June 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Organization.
De Minimis Rate Used: N
Rate Explanation: Organization did not use de minimus rate
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Bridge to Home SCV (the "Organization") under programs of the federal government for the year ended June 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 Organization, it is not intended to and does not present the financial position, changes in net assets,
Title: Summary of Significant Accounting Policies
Accounting Policies: BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Bridge to Home SCV (the "Organization") under programs of the federal government for the year ended June 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Organization.
De Minimis Rate Used: N
Rate Explanation: Organization did not use de minimus rate
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 limited as to reimbursement. Pass-through entity identifying numbers are presented where available and applicable. 3. INDIRECT COSTS Organization did not use the 10% de minimis cost rate. DRAF
Title: Indirect Costs
Accounting Policies: BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Bridge to Home SCV (the "Organization") under programs of the federal government for the year ended June 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Organization.
De Minimis Rate Used: N
Rate Explanation: Organization did not use de minimus rate
Organization did not use 10% de minimus cost rate