Title: Basis of presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The agency has elected to use the 10 percent de minims indirect cost rate as allowed under Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal
Title: Basis of presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The agency has elected to use the 10 percent de minims indirect cost rate as allowed under Uniform Guidance.
grant activity of Family and Youth Counseling Agency under programs of the federal
Title: Basis of presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The agency has elected to use the 10 percent de minims indirect cost rate as allowed under Uniform Guidance.
government for the year ended December 31, 2024. The information is this schedule is presented in
Title: Basis of presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The agency has elected to use the 10 percent de minims indirect cost rate as allowed under Uniform Guidance.
accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform
Title: Basis of presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The agency has elected to use the 10 percent de minims indirect cost rate as allowed under Uniform Guidance.
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards
Title: Basis of presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The agency has elected to use the 10 percent de minims indirect cost rate as allowed under Uniform Guidance.
(Uniform Guidance). Because the schedule presents only a selected portion of the operations of
Title: Basis of presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The agency has elected to use the 10 percent de minims indirect cost rate as allowed under Uniform Guidance.
the Family and Youth Counseling Agency, Inc., it is not intended to and does not present the
Title: Basis of presentation
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The agency has elected to use the 10 percent de minims indirect cost rate as allowed under Uniform Guidance.
financial position, changes in net assets, or cash flows of the Family and Youth Counseling Agency, Inc.
Title: Significant Accounting Policies
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The agency has elected to use the 10 percent de minims indirect cost rate as allowed under Uniform Guidance.
(1) Expenditures reported on the Schedule are reported on the accrual basis of accounting.
Title: Significant Accounting Policies
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The agency has elected to use the 10 percent de minims indirect cost rate as allowed under Uniform Guidance.
Such expenditures are recognized following the cost principles contained in the Uniform
Title: Significant Accounting Policies
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The agency has elected to use the 10 percent de minims indirect cost rate as allowed under Uniform Guidance.
Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement.
Title: Significant Accounting Policies
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The agency has elected to use the 10 percent de minims indirect cost rate as allowed under Uniform Guidance.
(2) The Family and Youth Counseling Agency, Inc. has elected to use the 10 percent de minimis
Title: Significant Accounting Policies
Accounting Policies: Accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: The agency has elected to use the 10 percent de minims indirect cost rate as allowed under Uniform Guidance.
indirect cost rate as allowed under the Uniform Guidance.