Title: Note 1. Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the full accrual basis of accounting. Such expenditures are recognized following, the cost principles in 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: Y
Rate Explanation: Alaska Legal Services Corporation has elected to use the 15-percent de minimus indirect cost rate allowed under Uniform Guidance, with an effective date of October 1, 2024.
The accompanying schedule of federal awards (the "Schedule") includes the federal grant activity of Alaska Legal Services Corporation under programs of the federal government for the year ended December 31, 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 Alaska Legal Services Corporation, it is not intended to and does not present the financial position, changes in net assets or cash flows of Alaska Legal Services Corporation.
Title: Note 2. Summary of Significant Accounting Policies
Accounting Policies: Expenditures reported on the Schedule are reported on the full accrual basis of accounting. Such expenditures are recognized following, the cost principles in 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: Y
Rate Explanation: Alaska Legal Services Corporation has elected to use the 15-percent de minimus indirect cost rate allowed under Uniform Guidance, with an effective date of October 1, 2024.
Expenditures reported on the Schedule are reported on the full accrual basis of accounting. Such expenditures are recognized following, the cost principles in 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.
Title: Note 3. Indirect Cost Rate
Accounting Policies: Expenditures reported on the Schedule are reported on the full accrual basis of accounting. Such expenditures are recognized following, the cost principles in 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: Y
Rate Explanation: Alaska Legal Services Corporation has elected to use the 15-percent de minimus indirect cost rate allowed under Uniform Guidance, with an effective date of October 1, 2024.
Alaska Legal Services Corporation has elected to use the 15-percent de minimus indirect cost rate allowed under Uniform Guidance, with an effective date of October 1, 2024.
Title: Note 4. Subrecipients
Accounting Policies: Expenditures reported on the Schedule are reported on the full accrual basis of accounting. Such expenditures are recognized following, the cost principles in 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: Y
Rate Explanation: Alaska Legal Services Corporation has elected to use the 15-percent de minimus indirect cost rate allowed under Uniform Guidance, with an effective date of October 1, 2024.
Amounts passed through to subrecipients:
Oklahoma Indian Legal Service 89,152
Peoples Legal Services 110,062
Montana Legal Services Association 58,673
Anishinabe Legal Services 49,711
Total 307,598