Notes to SEFA
The schedule of expenditures of federal awards includes the federal grant activity of Boys & Girls Club of Valdosta, Inc. and Affiliate 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 U.S. Office of Management and Budget and 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 Boys & Girls Club of Valdosta, Inc. and Affiliate, it is not intended to and does not present the financial position, changes in net assets or cash flows of Boys & Girls Club of Valdosta, Inc. and Affiliate.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized and presented in accordance with the requirements of the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where applicable.
No amounts were provided to sub-recipients.
The CFDA numbers included in the SEFA were determined based on the program name, review of grant information, and the Office of Management and Budget's Catalog of Federal Domestic Assistance.
The Organization did not elect to use the 10% de minimis cost rate as allowed under the Uniform Guidance.
Boys & Girls Club of Valdosta, Inc. and Affiliate did not receive non-cash federal awards during the yeare ended December 31, 2024.