Title: 1
Accounting Policies: Note 1:
The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of
the Young Men’s Christian Association of Greater Erie under programs of the federal government for the year
ended December 31, 2024. The information in this 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 the Young Men’s Christian Association of Greater Erie, it is not intended to and does
not present the financial position, changes in net position or cash flows of the Young Men’s Christian Association
of Greater Erie.
Note 2:
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. Negative amounts shown on the Schedule, if any, represent
adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
The Young Men’s Christian Association of Greater Erie has elected not to use the 15 percent de minimis indirect
cost rate allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of
the Young Men’s Christian Association of Greater Erie under programs of the federal government for the year
ended December 31, 2024. The information in this 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 the Young Men’s Christian Association of Greater Erie, it is not intended to and does
not present the financial position, changes in net position or cash flows of the Young Men’s Christian Association
of Greater Erie.
Title: 2
Accounting Policies: Note 1:
The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of
the Young Men’s Christian Association of Greater Erie under programs of the federal government for the year
ended December 31, 2024. The information in this 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 the Young Men’s Christian Association of Greater Erie, it is not intended to and does
not present the financial position, changes in net position or cash flows of the Young Men’s Christian Association
of Greater Erie.
Note 2:
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. Negative amounts shown on the Schedule, if any, represent
adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
The Young Men’s Christian Association of Greater Erie has elected not to use the 15 percent de minimis indirect
cost rate allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis 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. Negative amounts shown on the Schedule, if any, represent
adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
The Young Men’s Christian Association of Greater Erie has elected not to use the 15 percent de minimis indirect
cost rate allowed under the Uniform Guidance.
Title: 3
Accounting Policies: Note 1:
The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of
the Young Men’s Christian Association of Greater Erie under programs of the federal government for the year
ended December 31, 2024. The information in this 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 the Young Men’s Christian Association of Greater Erie, it is not intended to and does
not present the financial position, changes in net position or cash flows of the Young Men’s Christian Association
of Greater Erie.
Note 2:
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. Negative amounts shown on the Schedule, if any, represent
adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
The Young Men’s Christian Association of Greater Erie has elected not to use the 15 percent de minimis indirect
cost rate allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Young Men’s Christian Association of Greater Erie administered no federal loan programs during the year ended December 31, 2024.