Audit 356757

Title: Note 1 - Basis of Accounting Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of The Empowerment Center and is prepared on the accrual basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements or other reports submitted directly to the grantor agencies De Minimis Rate Used: Y Rate Explanation: The Empowerment Center has elected to charge a de minimis rate of 10% of modified total direct costs for CFDA 93.788, as approved under Part 200 Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of The Empowerment Center and is prepared on the accrual basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements or other reports submitted directly to the grantor agencies.

Title: Note 2 - Indirect Cost Rate Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of The Empowerment Center and is prepared on the accrual basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements or other reports submitted directly to the grantor agencies De Minimis Rate Used: Y Rate Explanation: The Empowerment Center has elected to charge a de minimis rate of 10% of modified total direct costs for CFDA 93.788, as approved under Part 200 Uniform Guidance. The Empowerment Center has elected to charge a de minimis rate of 10% of modified total direct costs for CFDA 93.788, as approved under Part 200 Uniform Guidance.