Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: This Schedule has been prepared on the accrual basis of accounting. Grant revenues are recorded for financial reporting purposes when LAWO has met the qualifications for the respective grants. 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. Certain funds are passed on to subrecipients upon receipt.
De Minimis Rate Used: Y
Rate Explanation: LAWO uses a negotiated indirect cost rate of 35.00%.
The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of Legal Aid of Western Ohio, Inc. (LAWO) 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 Legal Aid of Western Ohio, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Legal Aid of Western Ohio, Inc.
Title: SUBRECIPIENT GRANTS
Accounting Policies: This Schedule has been prepared on the accrual basis of accounting. Grant revenues are recorded for financial reporting purposes when LAWO has met the qualifications for the respective grants. 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. Certain funds are passed on to subrecipients upon receipt.
De Minimis Rate Used: Y
Rate Explanation: LAWO uses a negotiated indirect cost rate of 35.00%.
Under provisions of the LSC grant contract, LAWO designated, and LSC approved, subrecipient grants to the Toledo Bar Association and Greater Dayton VLP. LAWO designated additional subrecipient grants and contracts to other organizations as detailed on the following page.