Title: BASIS OF PRESENTATION
Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of United Way of El Paso County under programs of the federal government for the year ended March 31, 2025. 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 United Way of El Paso County, it is not intended to and does not present the financial position, changes in net assets, or cash flows of United Way of El Paso County.
De Minimis Rate Used: Y
Rate Explanation: United Way of El Paso County has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of United Way of El Paso County under programs of the federal government for the year ended March 31, 2025. 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 United Way of El Paso County, it is not intended to and does not present the financial position, changes in net assets, or cash flows of United Way of El Paso County.
Title: INDIRECT COST RATE
Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of United Way of El Paso County under programs of the federal government for the year ended March 31, 2025. 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 United Way of El Paso County, it is not intended to and does not present the financial position, changes in net assets, or cash flows of United Way of El Paso County.
De Minimis Rate Used: Y
Rate Explanation: United Way of El Paso County has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
United Way of El Paso County has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Title: LOANS OR LOAN GUARANTEES
Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of United Way of El Paso County under programs of the federal government for the year ended March 31, 2025. 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 United Way of El Paso County, it is not intended to and does not present the financial position, changes in net assets, or cash flows of United Way of El Paso County.
De Minimis Rate Used: Y
Rate Explanation: United Way of El Paso County has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
United Way of El Paso County did not expend federal awards related to loans or loan guarantees during the year ended March 31, 2025.
Title: NON-CASH ASSISTANCE
Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of United Way of El Paso County under programs of the federal government for the year ended March 31, 2025. 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 United Way of El Paso County, it is not intended to and does not present the financial position, changes in net assets, or cash flows of United Way of El Paso County.
De Minimis Rate Used: Y
Rate Explanation: United Way of El Paso County has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
During the current fiscal year, United Way of El Paso County did not expend any federal non-cash assistance.
Title: INSURANCE REQUIREMENTS
Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of United Way of El Paso County under programs of the federal government for the year ended March 31, 2025. 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 United Way of El Paso County, it is not intended to and does not present the financial position, changes in net assets, or cash flows of United Way of El Paso County.
De Minimis Rate Used: Y
Rate Explanation: United Way of El Paso County has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
There are no insurance requirements on the federal awards disclosed on the Schedule of Expenditures of Federal Awards.