Audit 35323

Title: Other Notes Accounting Policies: A.Basis of PresentationThe accompanying schedule of expenditures of federal and state awards (the Schedule) includes the federal and state grant activity of CASA of Tarrant County, Inc. (the Organization) and is presented on the accrual basis of accounting. The information in the 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) and the State of Texas Uniform Grant Management Standards (UGMS) issued by the Texas Comptroller of Public Accounts. Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.B. Summary of Significant Accounting PoliciesExpenditures reported in the Schedule are reported on the accrual basis of accounting in accordance with accounting standards generally accepted in the United States of America. Expenditures are recognized following the cost principles contained in the Uniform Guidance and UGMS, wherein certain types of expenditures are not allowable or are limited as to reimbursement. No federal or state financial assistance has been provided to a subrecipient. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. C.Non-Cash AssistanceThe Organization did not receive any non-cash assistance from federal or state awards for the year ended December 31, 2022.D.LoansAt December 31, 2022, the Organization had no loans or loan guarantees outstanding with federal or state awarding agencies.E.Indirect Cost RateThe Organization has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance and continues to use the rates negotiated individually with its grantors.