Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Summary of Significant Accounting Policies
The accompanying schedules of expenditures of federal and state awards are presented using
the accrual basis of accounting which is described in Note 1 to the financial statements. 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.
Pass-through entity identifying numbers are presented where availabl
De Minimis Rate Used: N
Rate Explanation: Indirect Cost Rate
JBWS has elected not to use the 10-percent de minimis indirect cost rate allowed under the
Uniform Guidance
The accompanying schedules of expenditures of federal and state awards present the activity of
all federal and state financial assistance programs of Jersey Battered Women’s Service, Inc. The
information in these schedules is presented in accordance with the requirements of Title 2 U.S.
Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost
Principles, and Audit Requirements for Federal Awards (Uniform Guidance), and New Jersey
State Circular 15-08-OMB, Single Audit Policy for Recipients of Federal Grants, State Grants, and
State Aid. Therefore, some amounts presented in these schedules may differ from amounts
presented in or used in the preparation of the basic financial statements. All federal and state
awards received directly from federal and state agencies, as well as federal and state awards
passed through other government agencies are included in the schedules of expenditures of
federal and state awards. Because the schedules present only a selected portion of the
operations of JBWS, it’s not intended to and does not present the financial position, changes in
net assets, or cash flows of JBWS
Title: Sub-Recipients
Accounting Policies: Summary of Significant Accounting Policies
The accompanying schedules of expenditures of federal and state awards are presented using
the accrual basis of accounting which is described in Note 1 to the financial statements. 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.
Pass-through entity identifying numbers are presented where availabl
De Minimis Rate Used: N
Rate Explanation: Indirect Cost Rate
JBWS has elected not to use the 10-percent de minimis indirect cost rate allowed under the
Uniform Guidance
Of the federal expenditures presented in the schedule of expenditures of federal awards, JBWS
provided federal awards of $13,316 to sub-recipient
Title: Relationship to Federal and State Financial Reports
Accounting Policies: Summary of Significant Accounting Policies
The accompanying schedules of expenditures of federal and state awards are presented using
the accrual basis of accounting which is described in Note 1 to the financial statements. 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.
Pass-through entity identifying numbers are presented where availabl
De Minimis Rate Used: N
Rate Explanation: Indirect Cost Rate
JBWS has elected not to use the 10-percent de minimis indirect cost rate allowed under the
Uniform Guidance
The regulations and guidelines governing the preparation of federal and state financial reports
vary by Federal and State agency and among programs administered by the same agency.
Accordingly, the amounts reported in the federal and state financial reports do not necessarily
agree with the amounts reported in the accompanying schedules of expenditures of federal and
state awards, which is prepared on the accrual basis explained in Note
Title: Single Audit- Type A/Type B Program Threshold
Accounting Policies: Summary of Significant Accounting Policies
The accompanying schedules of expenditures of federal and state awards are presented using
the accrual basis of accounting which is described in Note 1 to the financial statements. 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.
Pass-through entity identifying numbers are presented where availabl
De Minimis Rate Used: N
Rate Explanation: Indirect Cost Rate
JBWS has elected not to use the 10-percent de minimis indirect cost rate allowed under the
Uniform Guidance
Dollar threshold used to distinguish between Type A and Type B programs is $750,000. Single
audit requirement is $750,000