Notes to SEFA
Title: Note A
Accounting Policies: Accural Basis of Accounting
De Minimis Rate Used: N
Rate Explanation: The Organization elected to not use the 10% de minimus indirect cost rate as allowed under the Uniform Guidance
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Boys & Girls Club of Las Cruces, Inc. under programs of the federal government for the year ended June 30, 2024. The information in this Schedule is presented in accordance with the requirments of Title 2 U.S. Code of Federal Regulations, Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Feederal Awards (Uniform Guidance). The Schedule presents only a selected portion of the operations of Boys & Girls Club of Las Cruces, Inc., it is not intended to and does not present the financial postion, changes in net assets, or cash flows of Boys & Girls Club of Las Cruces, Inc.
Title: Note B
Accounting Policies: Accural Basis of Accounting
De Minimis Rate Used: N
Rate Explanation: The Organization elected to not use the 10% de minimus indirect cost rate as allowed under the Uniform Guidance
1. Expenditures reported on the Schedule are reported on the accural 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 are limited as to reimbursements. 2. Boys & Girls Club of Las Cruces, Inc. has elected not use the 10% de minimums indirect cost rate as allowed under the Uniform Guidance. 3. Reconciliation of Schedule of Expenditures of Federal Awards to Financials Statements: ARPA $871.865, OJJDP Mentoring $19,727, OJJDP Opioid Initiative $72,217, CACFP $68,317, ESSER $72,170. Total Federal Funds from page 6, $1,104.293.