Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: a) 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.
b) Community Action Agency of Columbiana County, Inc. has elected to use the 10
percent de minimus indirect cost rate as allowed under the Uniform Guidance.
c) Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: Y
Rate Explanation: Community Action Agency of Columbiana County, Inc. has elected to use the 10
percent de minimus indirect cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the "Schedule") includes
the federal award activity of Community Action Agency of Columbiana County, Inc. 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 (CFR) 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
Community Action Agency of Columbiana County, Inc., it is not intended to and does not
present Community Action Agency of Columbiana County, Inc.'s financial position,
changes in net assets, or cash flows.
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: a) 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.
b) Community Action Agency of Columbiana County, Inc. has elected to use the 10
percent de minimus indirect cost rate as allowed under the Uniform Guidance.
c) Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: Y
Rate Explanation: Community Action Agency of Columbiana County, Inc. has elected to use the 10
percent de minimus indirect cost rate as allowed under the Uniform Guidance.
a) 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.
b) Community Action Agency of Columbiana County, Inc. has elected to use the 10
percent de minimus indirect cost rate as allowed under the Uniform Guidance.
c) Pass-through entity identifying numbers are presented where available.
Title: PROVIDER RELIEF FUND
Accounting Policies: a) 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.
b) Community Action Agency of Columbiana County, Inc. has elected to use the 10
percent de minimus indirect cost rate as allowed under the Uniform Guidance.
c) Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: Y
Rate Explanation: Community Action Agency of Columbiana County, Inc. has elected to use the 10
percent de minimus indirect cost rate as allowed under the Uniform Guidance.
The amount included on the Schedule is based upon the December 31, 2024 Provider Relief Fund report.