Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting, which conform to accounting principles generally accepted in the United States of America. 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 reimbursement.
De Minimis Rate Used: N
Rate Explanation: United Community Action Partnership, Inc. has elected not to use the 10-percent 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 United Community Action Partnership under programs of the federal government for the year ended September 30, 2022. 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 United Community Action Partnership, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of United Community Action Partnership, Inc.
Title: ENERGY ASSISTANCE DIRECT PAYMENTS
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting, which conform to accounting principles generally accepted in the United States of America. 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 reimbursement.
De Minimis Rate Used: N
Rate Explanation: United Community Action Partnership, Inc. has elected not to use the 10-percent de minimus indirect cost rate as allowed under the Uniform Guidance.
Included in assistance listing number 93.568 are client benefits paid directly by the State of Minnesota of $7,832,549. These expenditures are not included in the statement of activities.