Title: Basis of Presentation
Accounting Policies: Accrual Basis
De Minimis Rate Used: Y
Rate Explanation: 10% indirect cost rate.
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Westchester Institute for Human Development (the “Organization”) under programs of the federal government for the year ended December 31, 2024. The information in the Schedule is presented 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 the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
Title: Summary of Significant Accounting Policies
Accounting Policies: Accrual Basis
De Minimis Rate Used: Y
Rate Explanation: 10% indirect cost rate.
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.
Title: Indirect Cost Rate
Accounting Policies: Accrual Basis
De Minimis Rate Used: Y
Rate Explanation: 10% indirect cost rate.
Some of the Organization’s federal grants provide for specific allocations for administrative costs. Where administrative costs are not specifically limited by the funding source, the Organization has elected to use a 10% de minimis indirect cost rate.
Title: Sub-Recipients
Accounting Policies: Accrual Basis
De Minimis Rate Used: Y
Rate Explanation: 10% indirect cost rate.
During the year ended December 31, 2024, and 2023, the Organization passed through federal funds to sub-recipients for the Developmental Disabilities Basic Support and Advocacy Grants, which are funded through the United States Department of Health and Human Services.
Title: Federal Award Assistance
Accounting Policies: Accrual Basis
De Minimis Rate Used: Y
Rate Explanation: 10% indirect cost rate.
The Organization receives funding from various agencies to help establish, maintain, and operate its programs. The Organization has multiple contracts that are funded by the United States Department of Health and Human Services, Maternal and Child Health Services, and Developmental Disabilities Basic Support and Advocacy. These contracts are funded either directly from the federal agency or passed through from subrecipient agencies. The Organization also receives funding from the United States Department of Justice, which is passed through from New York State Office of Victim Services. Additionally, the Organization receives funding from the United States Department of Education, which is passed through from New York State Office of Children and Family Services.
Title: Noncash Assistance and Other
Accounting Policies: Accrual Basis
De Minimis Rate Used: Y
Rate Explanation: 10% indirect cost rate.
The Organization did not receive any noncash assistance, federal loans, or federally funded insurance during the year ended December 31, 2024.