Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: The accompanying schedule of expenditures of federal awards (Schedule) includes the federal grant activity of Bay Area Women's Center 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 the Title 2 U.S. Code of Federal Regulations (CFR) 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 Bay Area Women's Center, it is not intended to and does not present the financial position or changes in net position of Bay Area Women's Center.
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 are limited as to reimbursement. Negative amounts (if any) shown on the Schedule represent adjustments or credit made in the normal course of business to amounts reported as expenditures.
The Bay Area Women's Center has elected not to use the 10 percent de minimus indirect cost rate to recover costs as allowed under the Uniform Guidance.
The Bay Area Women's Center does not have any subrecipients.
De Minimis Rate Used: Y
Rate Explanation: The Bay Area Women's Center has elected to use the 10 percent de minimus indirect cost rate to recover costs as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (Schedule) includes the federal grant activity of Bay Area Women's Center 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 the Title 2 U.S. Code of Federal Regulations (CFR) 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 Bay Area Women's Center, it is not intended to and does not present the financial position or changes in net position of Bay Area Women's Center.
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 are limited as to reimbursement. Negative amounts (if any) shown on the Schedule represent adjustments or credit made in the normal course of business to amounts reported as expenditures.
The Bay Area Women's Center has elected not to use the 10 percent de minimus indirect cost rate to recover costs as allowed under the Uniform Guidance.
The Bay Area Women's Center does not have any subrecipients.
Title: RECONCILIATION OF REVENUE REPORTED IN THE FINANCIAL STATEMENTS
Accounting Policies: The accompanying schedule of expenditures of federal awards (Schedule) includes the federal grant activity of Bay Area Women's Center 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 the Title 2 U.S. Code of Federal Regulations (CFR) 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 Bay Area Women's Center, it is not intended to and does not present the financial position or changes in net position of Bay Area Women's Center.
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 are limited as to reimbursement. Negative amounts (if any) shown on the Schedule represent adjustments or credit made in the normal course of business to amounts reported as expenditures.
The Bay Area Women's Center has elected not to use the 10 percent de minimus indirect cost rate to recover costs as allowed under the Uniform Guidance.
The Bay Area Women's Center does not have any subrecipients.
De Minimis Rate Used: Y
Rate Explanation: The Bay Area Women's Center has elected to use the 10 percent de minimus indirect cost rate to recover costs as allowed under the Uniform Guidance.
TOTAL FEDERAL EXPENDITURES PER SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS: $833,580 Add:State funded portion of SANE E20254752-00 $2,443 State funded portion of DVCS E20243164-00 $21,559 State funded portion of DVCSM E20243237-00 $20,480 State funded portion of SACS E20244507-00 $74,102 State funded portion of DVCS E20251544-00 $1,666 State funded portion of DVCSM E20252171-00 $10,169 State funded portion of DVCSF E20243170-00 $12,561 State funded portion of DV E20245253-00 $96,128 State funded portion of DV E20251600-00 $9,905 State funded portion of DVCST E20245474-00 $5,000 State funded portion of SA E20254750-00 $385 McKinney Vento $459 Revenues per financial statements - federal and state grants and contracts
$1,088,437
State funded portion of SANE E20254752-00
2,443
State funded portion of DVCS E20243164-00
21,559
State funded portion of DVCSM E20243237-00
20,480
State funded portion of SACS E20244507-00
74,102
State funded portion of DVCS E20251544-00
1,666
State funded portion of DVCSM E20252171-00
10,169
State funded portion of DVCSF E20243170-00
12,561
State funded portion of DV E20245253-00
96,128
State funded portion of DV E20251600-00
9,905
State funded portion of DVCST E20245474-00
5,000
State funded portion of SA E20254750-00
385
McKinney Vento
459
0
0
0
0
Revenues per financial statements - federal and state grants and contracts
$1,088,437