Title: Basis of Presentation
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (“the Schedule”) includes the
federal award activity of Inner City Law Center (“ICLC”), under programs of the federal government
for the year ended December 31, 2024. The 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 ICLC, it is not intended to and does not present the
financial position, changes in net assets, or cash flows of ICLC.
De Minimis Rate Used: N
Rate Explanation: ICLC did not elect to use the 10% de minimis indirect cost rate allowed under the
Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (“the Schedule”) includes the
federal award activity of Inner City Law Center (“ICLC”), under programs of the federal government
for the year ended December 31, 2024. The 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 ICLC, it is not intended to and does not present the
financial position, changes in net assets, or cash flows of ICLC.
Title: Basis of Accounting
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (“the Schedule”) includes the
federal award activity of Inner City Law Center (“ICLC”), under programs of the federal government
for the year ended December 31, 2024. The 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 ICLC, it is not intended to and does not present the
financial position, changes in net assets, or cash flows of ICLC.
De Minimis Rate Used: N
Rate Explanation: ICLC did not elect to use the 10% de minimis indirect cost rate allowed under the
Uniform Guidance.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in 2 CFR 200, Subpart E (Cost
Principles), wherein certain types of expenditures are not allowable or are limited as to
reimbursement. ICLC did not elect to use the 10% de minimis indirect cost rate allowed under the
Uniform Guidance.
Title: Pass-through to Sub-recipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (“the Schedule”) includes the
federal award activity of Inner City Law Center (“ICLC”), under programs of the federal government
for the year ended December 31, 2024. The 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 ICLC, it is not intended to and does not present the
financial position, changes in net assets, or cash flows of ICLC.
De Minimis Rate Used: N
Rate Explanation: ICLC did not elect to use the 10% de minimis indirect cost rate allowed under the
Uniform Guidance.
The following represents sub-recipients and expenditure amounts per the Federal Assistance Listing
(“FAL”) number for the year ended December 31, 2024.
.........................................................................................................FAL # Amount
Statewide Eviction Defense Tool and Support 21.027 $180,000
Title: Other Information
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (“the Schedule”) includes the
federal award activity of Inner City Law Center (“ICLC”), under programs of the federal government
for the year ended December 31, 2024. The 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 ICLC, it is not intended to and does not present the
financial position, changes in net assets, or cash flows of ICLC.
De Minimis Rate Used: N
Rate Explanation: ICLC did not elect to use the 10% de minimis indirect cost rate allowed under the
Uniform Guidance.
ICLC did not receive federal insurance, loans, or non-cash assistance during the year ended
December 31, 2024 that are deemed necessary to be reported in the Schedule.