Title: Basis of Presentation
Accounting Policies: The Schedule of Expenditures of Federal Awards (“the Schedule”) includes the federal grant activity of Vermont Network Against Domestic and Sexual Violence, Inc. (Organization), 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flow of the Organization.
De Minimis Rate Used: Y
Rate Explanation: The Organization has elected to use the ten (10) percent and phase in the fifteen (15) percentage de minimis indirect cost rate allowed under the Uniform Guidance.
The Schedule of Expenditures of Federal Awards (“the Schedule”) includes the federal grant activity of Vermont Network Against Domestic and Sexual Violence, Inc. (Organization), 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flow of the Organization.
Title: Basis of Accounting
Accounting Policies: The Schedule of Expenditures of Federal Awards (“the Schedule”) includes the federal grant activity of Vermont Network Against Domestic and Sexual Violence, Inc. (Organization), 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flow of the Organization.
De Minimis Rate Used: Y
Rate Explanation: The Organization has elected to use the ten (10) percent and phase in the fifteen (15) percentage de minimis indirect cost rate allowed under the Uniform Guidance.
Expenditures reported on the Schedule are presented on the same basis of accounting as the Organization’s financial statements. The Organization uses the accrual basis of accounting. Expenditures represent only the federally funded portions of the program. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.
Title: Basis of Accounting
Accounting Policies: The Schedule of Expenditures of Federal Awards (“the Schedule”) includes the federal grant activity of Vermont Network Against Domestic and Sexual Violence, Inc. (Organization), 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flow of the Organization.
De Minimis Rate Used: Y
Rate Explanation: The Organization has elected to use the ten (10) percent and phase in the fifteen (15) percentage de minimis indirect cost rate allowed under the Uniform Guidance.
Pass-through entity identifying numbers are presented where available.
Title: Program Costs
Accounting Policies: The Schedule of Expenditures of Federal Awards (“the Schedule”) includes the federal grant activity of Vermont Network Against Domestic and Sexual Violence, Inc. (Organization), 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flow of the Organization.
De Minimis Rate Used: Y
Rate Explanation: The Organization has elected to use the ten (10) percent and phase in the fifteen (15) percentage de minimis indirect cost rate allowed under the Uniform Guidance.
The amounts shown as current year expenditures represent only the federal grant portion of the program costs. Entire program costs could be more than shown. Such expenditures are recognized following, as applicable, the cost principles in the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Costs Principles, Audit Requirements, wherein certain types of expenditures are not allowable or are limited to reimbursement.
Title: Major Programs
Accounting Policies: The Schedule of Expenditures of Federal Awards (“the Schedule”) includes the federal grant activity of Vermont Network Against Domestic and Sexual Violence, Inc. (Organization), 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flow of the Organization.
De Minimis Rate Used: Y
Rate Explanation: The Organization has elected to use the ten (10) percent and phase in the fifteen (15) percentage de minimis indirect cost rate allowed under the Uniform Guidance.
In accordance with OMB Uniform Guidance, major programs are determined using a risk-based approach. The programs listed below are determined by the independent auditor to be major programs
Title: Indirect Cost Rate
Accounting Policies: The Schedule of Expenditures of Federal Awards (“the Schedule”) includes the federal grant activity of Vermont Network Against Domestic and Sexual Violence, Inc. (Organization), 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flow of the Organization.
De Minimis Rate Used: Y
Rate Explanation: The Organization has elected to use the ten (10) percent and phase in the fifteen (15) percentage de minimis indirect cost rate allowed under the Uniform Guidance.
The Organization has elected to use the ten (10) percent and phase in the fifteen (15) percentage de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Subrecipients
Accounting Policies: The Schedule of Expenditures of Federal Awards (“the Schedule”) includes the federal grant activity of Vermont Network Against Domestic and Sexual Violence, Inc. (Organization), 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 Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flow of the Organization.
De Minimis Rate Used: Y
Rate Explanation: The Organization has elected to use the ten (10) percent and phase in the fifteen (15) percentage de minimis indirect cost rate allowed under the Uniform Guidance.
Of the federal expenditures presented in the schedule, VNADSV provided federal awards to subrecipients as follows: