Title: (1) GENERAL
Accounting Policies: General
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards programs of PROTECTORES DE CUENCAS, INC. (PDC). All federal awards received directly from federal agencies, as well as federal awards passed through other governmental agencies to PDC are included in the accompanying schedule.
(2) Basis of Accounting
The accompanying schedule of expenditures of federal awards includes the federal grant activity of PDC and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations.
(3) Relationship to Federal Financial Reports
Amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree with the amounts reported in the related federal financial reports. However, certain federal financial reports are filed based on cash expenditures. As such, certain timing differences may exist in the recognition of revenue and expenditures between the schedule of Expenditures of Federal Awards and the federal financial reports.
(4) Federal CFDA Number
The Catalog of Federal Domestic Assistance (CFDA) number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
The CFDA numbers included in this report were determined based on the program name, review of grant contract information, and the Office of Management and Budget’s Catalog of Federal Domestic Assistance.
(5) Matching Costs
Matching costs, such as the nonfederal share of certain program costs, are not included in the accompanying Schedule.(6) Pass-Through Grantor’s Number
State or local government and private entities includes within their federal proposal award the related amount of federal awards granted to the Organization, also known as “pass-through awards”. The Organization should consider these federal funds as though they were received directly from the federal government. Uniform Guidance requires that the schedule should include the name and the identifying number assigned for federal awards received as a sub recipient. Numbers identified as NA are not applicable or not available.
(7) Relationship to the Statement of Activities and Change in Net Assets
The reconciliation of expenses in the Statement of Activities and Changes in Net Assets to the total expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards is as follows:
Expenses per Statement of Activities and Changes in Net Assets $ 3,292,030
Less: Non-Federal Expenditures and Depreciation in Federal Programs 2,016,958
Total Expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards $ 1,245,633
(8) Indirect Costs
PDC has elected to use the de minimis indirect cost rate as allowed under 2 CFR §200.414(f) of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”).
Accordingly, the Organization applied an indirect cost rate of 10% of modified total direct costs (MTDC) to applicable federal awards during the fiscal year ended December 31, 2023. The total amount of indirect costs charged under this rate was $123,358. This rate is not subject to negotiation and may be used indefinitely in accordance with the Uniform Guidance.
The Organization does not have a negotiated indirect cost rate agreement (NICRA) with a federal cognizant agency.
(9) Pass-Trough
No Federal grant has been passed-through to sub-recipient.
De Minimis Rate Used: Y
Rate Explanation: NA
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards programs of PROTECTORES DE CUENCAS, INC. (PDC). All federal awards received directly from federal agencies, as well as federal awards passed through other governmental agencies to PDC are included in the accompanying schedule
Title: (2) BASIS OF ACCOUNTING
Accounting Policies: General
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards programs of PROTECTORES DE CUENCAS, INC. (PDC). All federal awards received directly from federal agencies, as well as federal awards passed through other governmental agencies to PDC are included in the accompanying schedule.
(2) Basis of Accounting
The accompanying schedule of expenditures of federal awards includes the federal grant activity of PDC and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations.
(3) Relationship to Federal Financial Reports
Amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree with the amounts reported in the related federal financial reports. However, certain federal financial reports are filed based on cash expenditures. As such, certain timing differences may exist in the recognition of revenue and expenditures between the schedule of Expenditures of Federal Awards and the federal financial reports.
(4) Federal CFDA Number
The Catalog of Federal Domestic Assistance (CFDA) number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
The CFDA numbers included in this report were determined based on the program name, review of grant contract information, and the Office of Management and Budget’s Catalog of Federal Domestic Assistance.
(5) Matching Costs
Matching costs, such as the nonfederal share of certain program costs, are not included in the accompanying Schedule.(6) Pass-Through Grantor’s Number
State or local government and private entities includes within their federal proposal award the related amount of federal awards granted to the Organization, also known as “pass-through awards”. The Organization should consider these federal funds as though they were received directly from the federal government. Uniform Guidance requires that the schedule should include the name and the identifying number assigned for federal awards received as a sub recipient. Numbers identified as NA are not applicable or not available.
(7) Relationship to the Statement of Activities and Change in Net Assets
The reconciliation of expenses in the Statement of Activities and Changes in Net Assets to the total expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards is as follows:
Expenses per Statement of Activities and Changes in Net Assets $ 3,292,030
Less: Non-Federal Expenditures and Depreciation in Federal Programs 2,016,958
Total Expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards $ 1,245,633
(8) Indirect Costs
PDC has elected to use the de minimis indirect cost rate as allowed under 2 CFR §200.414(f) of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”).
Accordingly, the Organization applied an indirect cost rate of 10% of modified total direct costs (MTDC) to applicable federal awards during the fiscal year ended December 31, 2023. The total amount of indirect costs charged under this rate was $123,358. This rate is not subject to negotiation and may be used indefinitely in accordance with the Uniform Guidance.
The Organization does not have a negotiated indirect cost rate agreement (NICRA) with a federal cognizant agency.
(9) Pass-Trough
No Federal grant has been passed-through to sub-recipient.
De Minimis Rate Used: Y
Rate Explanation: NA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of PDC and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations.
Title: (3) RELATIONSHIP TO FEDERAL FINANCIAL REPORT
Accounting Policies: General
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards programs of PROTECTORES DE CUENCAS, INC. (PDC). All federal awards received directly from federal agencies, as well as federal awards passed through other governmental agencies to PDC are included in the accompanying schedule.
(2) Basis of Accounting
The accompanying schedule of expenditures of federal awards includes the federal grant activity of PDC and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations.
(3) Relationship to Federal Financial Reports
Amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree with the amounts reported in the related federal financial reports. However, certain federal financial reports are filed based on cash expenditures. As such, certain timing differences may exist in the recognition of revenue and expenditures between the schedule of Expenditures of Federal Awards and the federal financial reports.
(4) Federal CFDA Number
The Catalog of Federal Domestic Assistance (CFDA) number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
The CFDA numbers included in this report were determined based on the program name, review of grant contract information, and the Office of Management and Budget’s Catalog of Federal Domestic Assistance.
(5) Matching Costs
Matching costs, such as the nonfederal share of certain program costs, are not included in the accompanying Schedule.(6) Pass-Through Grantor’s Number
State or local government and private entities includes within their federal proposal award the related amount of federal awards granted to the Organization, also known as “pass-through awards”. The Organization should consider these federal funds as though they were received directly from the federal government. Uniform Guidance requires that the schedule should include the name and the identifying number assigned for federal awards received as a sub recipient. Numbers identified as NA are not applicable or not available.
(7) Relationship to the Statement of Activities and Change in Net Assets
The reconciliation of expenses in the Statement of Activities and Changes in Net Assets to the total expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards is as follows:
Expenses per Statement of Activities and Changes in Net Assets $ 3,292,030
Less: Non-Federal Expenditures and Depreciation in Federal Programs 2,016,958
Total Expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards $ 1,245,633
(8) Indirect Costs
PDC has elected to use the de minimis indirect cost rate as allowed under 2 CFR §200.414(f) of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”).
Accordingly, the Organization applied an indirect cost rate of 10% of modified total direct costs (MTDC) to applicable federal awards during the fiscal year ended December 31, 2023. The total amount of indirect costs charged under this rate was $123,358. This rate is not subject to negotiation and may be used indefinitely in accordance with the Uniform Guidance.
The Organization does not have a negotiated indirect cost rate agreement (NICRA) with a federal cognizant agency.
(9) Pass-Trough
No Federal grant has been passed-through to sub-recipient.
De Minimis Rate Used: Y
Rate Explanation: NA
Amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree with the amounts reported in the related federal financial reports. However, certain federal financial reports are filed based on cash expenditures. As such, certain timing differences may exist in the recognition of revenue and expenditures between the schedule of Expenditures of Federal Awards and the federal financial reports.
Title: (4) FEDERAL CFDA NUMBER
Accounting Policies: General
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards programs of PROTECTORES DE CUENCAS, INC. (PDC). All federal awards received directly from federal agencies, as well as federal awards passed through other governmental agencies to PDC are included in the accompanying schedule.
(2) Basis of Accounting
The accompanying schedule of expenditures of federal awards includes the federal grant activity of PDC and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations.
(3) Relationship to Federal Financial Reports
Amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree with the amounts reported in the related federal financial reports. However, certain federal financial reports are filed based on cash expenditures. As such, certain timing differences may exist in the recognition of revenue and expenditures between the schedule of Expenditures of Federal Awards and the federal financial reports.
(4) Federal CFDA Number
The Catalog of Federal Domestic Assistance (CFDA) number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
The CFDA numbers included in this report were determined based on the program name, review of grant contract information, and the Office of Management and Budget’s Catalog of Federal Domestic Assistance.
(5) Matching Costs
Matching costs, such as the nonfederal share of certain program costs, are not included in the accompanying Schedule.(6) Pass-Through Grantor’s Number
State or local government and private entities includes within their federal proposal award the related amount of federal awards granted to the Organization, also known as “pass-through awards”. The Organization should consider these federal funds as though they were received directly from the federal government. Uniform Guidance requires that the schedule should include the name and the identifying number assigned for federal awards received as a sub recipient. Numbers identified as NA are not applicable or not available.
(7) Relationship to the Statement of Activities and Change in Net Assets
The reconciliation of expenses in the Statement of Activities and Changes in Net Assets to the total expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards is as follows:
Expenses per Statement of Activities and Changes in Net Assets $ 3,292,030
Less: Non-Federal Expenditures and Depreciation in Federal Programs 2,016,958
Total Expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards $ 1,245,633
(8) Indirect Costs
PDC has elected to use the de minimis indirect cost rate as allowed under 2 CFR §200.414(f) of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”).
Accordingly, the Organization applied an indirect cost rate of 10% of modified total direct costs (MTDC) to applicable federal awards during the fiscal year ended December 31, 2023. The total amount of indirect costs charged under this rate was $123,358. This rate is not subject to negotiation and may be used indefinitely in accordance with the Uniform Guidance.
The Organization does not have a negotiated indirect cost rate agreement (NICRA) with a federal cognizant agency.
(9) Pass-Trough
No Federal grant has been passed-through to sub-recipient.
De Minimis Rate Used: Y
Rate Explanation: NA
The Catalog of Federal Domestic Assistance (CFDA) number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.The CFDA numbers included in this report were determined based on the program name, review of grant contract information, and the Office of Management and Budget’s Catalog of Federal Domestic Assistance.
Title: (5) MATCHING COSTS
Accounting Policies: General
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards programs of PROTECTORES DE CUENCAS, INC. (PDC). All federal awards received directly from federal agencies, as well as federal awards passed through other governmental agencies to PDC are included in the accompanying schedule.
(2) Basis of Accounting
The accompanying schedule of expenditures of federal awards includes the federal grant activity of PDC and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations.
(3) Relationship to Federal Financial Reports
Amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree with the amounts reported in the related federal financial reports. However, certain federal financial reports are filed based on cash expenditures. As such, certain timing differences may exist in the recognition of revenue and expenditures between the schedule of Expenditures of Federal Awards and the federal financial reports.
(4) Federal CFDA Number
The Catalog of Federal Domestic Assistance (CFDA) number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
The CFDA numbers included in this report were determined based on the program name, review of grant contract information, and the Office of Management and Budget’s Catalog of Federal Domestic Assistance.
(5) Matching Costs
Matching costs, such as the nonfederal share of certain program costs, are not included in the accompanying Schedule.(6) Pass-Through Grantor’s Number
State or local government and private entities includes within their federal proposal award the related amount of federal awards granted to the Organization, also known as “pass-through awards”. The Organization should consider these federal funds as though they were received directly from the federal government. Uniform Guidance requires that the schedule should include the name and the identifying number assigned for federal awards received as a sub recipient. Numbers identified as NA are not applicable or not available.
(7) Relationship to the Statement of Activities and Change in Net Assets
The reconciliation of expenses in the Statement of Activities and Changes in Net Assets to the total expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards is as follows:
Expenses per Statement of Activities and Changes in Net Assets $ 3,292,030
Less: Non-Federal Expenditures and Depreciation in Federal Programs 2,016,958
Total Expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards $ 1,245,633
(8) Indirect Costs
PDC has elected to use the de minimis indirect cost rate as allowed under 2 CFR §200.414(f) of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”).
Accordingly, the Organization applied an indirect cost rate of 10% of modified total direct costs (MTDC) to applicable federal awards during the fiscal year ended December 31, 2023. The total amount of indirect costs charged under this rate was $123,358. This rate is not subject to negotiation and may be used indefinitely in accordance with the Uniform Guidance.
The Organization does not have a negotiated indirect cost rate agreement (NICRA) with a federal cognizant agency.
(9) Pass-Trough
No Federal grant has been passed-through to sub-recipient.
De Minimis Rate Used: Y
Rate Explanation: NA
Matching costs, such as the nonfederal share of certain program costs, are not included in the accompanying Schedule
Title: (6) PASS THROUGH GRANTORS NUMBER
Accounting Policies: General
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards programs of PROTECTORES DE CUENCAS, INC. (PDC). All federal awards received directly from federal agencies, as well as federal awards passed through other governmental agencies to PDC are included in the accompanying schedule.
(2) Basis of Accounting
The accompanying schedule of expenditures of federal awards includes the federal grant activity of PDC and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations.
(3) Relationship to Federal Financial Reports
Amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree with the amounts reported in the related federal financial reports. However, certain federal financial reports are filed based on cash expenditures. As such, certain timing differences may exist in the recognition of revenue and expenditures between the schedule of Expenditures of Federal Awards and the federal financial reports.
(4) Federal CFDA Number
The Catalog of Federal Domestic Assistance (CFDA) number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
The CFDA numbers included in this report were determined based on the program name, review of grant contract information, and the Office of Management and Budget’s Catalog of Federal Domestic Assistance.
(5) Matching Costs
Matching costs, such as the nonfederal share of certain program costs, are not included in the accompanying Schedule.(6) Pass-Through Grantor’s Number
State or local government and private entities includes within their federal proposal award the related amount of federal awards granted to the Organization, also known as “pass-through awards”. The Organization should consider these federal funds as though they were received directly from the federal government. Uniform Guidance requires that the schedule should include the name and the identifying number assigned for federal awards received as a sub recipient. Numbers identified as NA are not applicable or not available.
(7) Relationship to the Statement of Activities and Change in Net Assets
The reconciliation of expenses in the Statement of Activities and Changes in Net Assets to the total expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards is as follows:
Expenses per Statement of Activities and Changes in Net Assets $ 3,292,030
Less: Non-Federal Expenditures and Depreciation in Federal Programs 2,016,958
Total Expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards $ 1,245,633
(8) Indirect Costs
PDC has elected to use the de minimis indirect cost rate as allowed under 2 CFR §200.414(f) of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”).
Accordingly, the Organization applied an indirect cost rate of 10% of modified total direct costs (MTDC) to applicable federal awards during the fiscal year ended December 31, 2023. The total amount of indirect costs charged under this rate was $123,358. This rate is not subject to negotiation and may be used indefinitely in accordance with the Uniform Guidance.
The Organization does not have a negotiated indirect cost rate agreement (NICRA) with a federal cognizant agency.
(9) Pass-Trough
No Federal grant has been passed-through to sub-recipient.
De Minimis Rate Used: Y
Rate Explanation: NA
State or local government and private entities includes within their federal proposal award the related amount of federal awards granted to the Organization, also known as “pass-through awards”. The Organization should consider these federal funds as though they were received directly from the federal government. Uniform Guidance requires that the schedule should include the name and the identifying number assigned for federal awards received as a sub recipient. Numbers identified as NA are not applicable or not available.
Title: (7) RELATIONSHIP TO THE STATEMENTS OF ACTIVITIES AND CHANGE IN NET ASSETS
Accounting Policies: General
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards programs of PROTECTORES DE CUENCAS, INC. (PDC). All federal awards received directly from federal agencies, as well as federal awards passed through other governmental agencies to PDC are included in the accompanying schedule.
(2) Basis of Accounting
The accompanying schedule of expenditures of federal awards includes the federal grant activity of PDC and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations.
(3) Relationship to Federal Financial Reports
Amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree with the amounts reported in the related federal financial reports. However, certain federal financial reports are filed based on cash expenditures. As such, certain timing differences may exist in the recognition of revenue and expenditures between the schedule of Expenditures of Federal Awards and the federal financial reports.
(4) Federal CFDA Number
The Catalog of Federal Domestic Assistance (CFDA) number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
The CFDA numbers included in this report were determined based on the program name, review of grant contract information, and the Office of Management and Budget’s Catalog of Federal Domestic Assistance.
(5) Matching Costs
Matching costs, such as the nonfederal share of certain program costs, are not included in the accompanying Schedule.(6) Pass-Through Grantor’s Number
State or local government and private entities includes within their federal proposal award the related amount of federal awards granted to the Organization, also known as “pass-through awards”. The Organization should consider these federal funds as though they were received directly from the federal government. Uniform Guidance requires that the schedule should include the name and the identifying number assigned for federal awards received as a sub recipient. Numbers identified as NA are not applicable or not available.
(7) Relationship to the Statement of Activities and Change in Net Assets
The reconciliation of expenses in the Statement of Activities and Changes in Net Assets to the total expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards is as follows:
Expenses per Statement of Activities and Changes in Net Assets $ 3,292,030
Less: Non-Federal Expenditures and Depreciation in Federal Programs 2,016,958
Total Expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards $ 1,245,633
(8) Indirect Costs
PDC has elected to use the de minimis indirect cost rate as allowed under 2 CFR §200.414(f) of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”).
Accordingly, the Organization applied an indirect cost rate of 10% of modified total direct costs (MTDC) to applicable federal awards during the fiscal year ended December 31, 2023. The total amount of indirect costs charged under this rate was $123,358. This rate is not subject to negotiation and may be used indefinitely in accordance with the Uniform Guidance.
The Organization does not have a negotiated indirect cost rate agreement (NICRA) with a federal cognizant agency.
(9) Pass-Trough
No Federal grant has been passed-through to sub-recipient.
De Minimis Rate Used: Y
Rate Explanation: NA
The reconciliation of expenses in the Statement of Activities and Changes in Net Assets to the total expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards is as follows:
Expenses per Statement of Activities and Changes in Net Assets $ 3,292,030
Less: Non-Federal Expenditures and Depreciation in Federal Programs 2,046,397
Total Expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards $ 1,245,633
Title: (8) INDIRECT COSTS
Accounting Policies: General
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards programs of PROTECTORES DE CUENCAS, INC. (PDC). All federal awards received directly from federal agencies, as well as federal awards passed through other governmental agencies to PDC are included in the accompanying schedule.
(2) Basis of Accounting
The accompanying schedule of expenditures of federal awards includes the federal grant activity of PDC and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations.
(3) Relationship to Federal Financial Reports
Amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree with the amounts reported in the related federal financial reports. However, certain federal financial reports are filed based on cash expenditures. As such, certain timing differences may exist in the recognition of revenue and expenditures between the schedule of Expenditures of Federal Awards and the federal financial reports.
(4) Federal CFDA Number
The Catalog of Federal Domestic Assistance (CFDA) number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
The CFDA numbers included in this report were determined based on the program name, review of grant contract information, and the Office of Management and Budget’s Catalog of Federal Domestic Assistance.
(5) Matching Costs
Matching costs, such as the nonfederal share of certain program costs, are not included in the accompanying Schedule.(6) Pass-Through Grantor’s Number
State or local government and private entities includes within their federal proposal award the related amount of federal awards granted to the Organization, also known as “pass-through awards”. The Organization should consider these federal funds as though they were received directly from the federal government. Uniform Guidance requires that the schedule should include the name and the identifying number assigned for federal awards received as a sub recipient. Numbers identified as NA are not applicable or not available.
(7) Relationship to the Statement of Activities and Change in Net Assets
The reconciliation of expenses in the Statement of Activities and Changes in Net Assets to the total expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards is as follows:
Expenses per Statement of Activities and Changes in Net Assets $ 3,292,030
Less: Non-Federal Expenditures and Depreciation in Federal Programs 2,016,958
Total Expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards $ 1,245,633
(8) Indirect Costs
PDC has elected to use the de minimis indirect cost rate as allowed under 2 CFR §200.414(f) of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”).
Accordingly, the Organization applied an indirect cost rate of 10% of modified total direct costs (MTDC) to applicable federal awards during the fiscal year ended December 31, 2023. The total amount of indirect costs charged under this rate was $123,358. This rate is not subject to negotiation and may be used indefinitely in accordance with the Uniform Guidance.
The Organization does not have a negotiated indirect cost rate agreement (NICRA) with a federal cognizant agency.
(9) Pass-Trough
No Federal grant has been passed-through to sub-recipient.
De Minimis Rate Used: Y
Rate Explanation: NA
PDC has elected to use the de minimis indirect cost rate as allowed under 2 CFR §200.414(f) of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”).Accordingly, the Organization applied an indirect cost rate of 10% of modified total direct costs (MTDC) to applicable federal awards during the fiscal year ended December 31, 2023. The total amount of indirect costs charged under this rate was $123,358. This rate is not subject to negotiation and may be used indefinitely in accordance with the Uniform Guidance.
The Organization does not have a negotiated indirect cost rate agreement (NICRA) with a federal cognizant agency.
Title: (9) PASS-THROUGH
Accounting Policies: General
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal awards programs of PROTECTORES DE CUENCAS, INC. (PDC). All federal awards received directly from federal agencies, as well as federal awards passed through other governmental agencies to PDC are included in the accompanying schedule.
(2) Basis of Accounting
The accompanying schedule of expenditures of federal awards includes the federal grant activity of PDC and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations.
(3) Relationship to Federal Financial Reports
Amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree with the amounts reported in the related federal financial reports. However, certain federal financial reports are filed based on cash expenditures. As such, certain timing differences may exist in the recognition of revenue and expenditures between the schedule of Expenditures of Federal Awards and the federal financial reports.
(4) Federal CFDA Number
The Catalog of Federal Domestic Assistance (CFDA) number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.
The CFDA numbers included in this report were determined based on the program name, review of grant contract information, and the Office of Management and Budget’s Catalog of Federal Domestic Assistance.
(5) Matching Costs
Matching costs, such as the nonfederal share of certain program costs, are not included in the accompanying Schedule.(6) Pass-Through Grantor’s Number
State or local government and private entities includes within their federal proposal award the related amount of federal awards granted to the Organization, also known as “pass-through awards”. The Organization should consider these federal funds as though they were received directly from the federal government. Uniform Guidance requires that the schedule should include the name and the identifying number assigned for federal awards received as a sub recipient. Numbers identified as NA are not applicable or not available.
(7) Relationship to the Statement of Activities and Change in Net Assets
The reconciliation of expenses in the Statement of Activities and Changes in Net Assets to the total expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards is as follows:
Expenses per Statement of Activities and Changes in Net Assets $ 3,292,030
Less: Non-Federal Expenditures and Depreciation in Federal Programs 2,016,958
Total Expenditures of Federal Awards in the Schedule of Expenditures of Federal Awards $ 1,245,633
(8) Indirect Costs
PDC has elected to use the de minimis indirect cost rate as allowed under 2 CFR §200.414(f) of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”).
Accordingly, the Organization applied an indirect cost rate of 10% of modified total direct costs (MTDC) to applicable federal awards during the fiscal year ended December 31, 2023. The total amount of indirect costs charged under this rate was $123,358. This rate is not subject to negotiation and may be used indefinitely in accordance with the Uniform Guidance.
The Organization does not have a negotiated indirect cost rate agreement (NICRA) with a federal cognizant agency.
(9) Pass-Trough
No Federal grant has been passed-through to sub-recipient.
De Minimis Rate Used: Y
Rate Explanation: NA
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