Notes to SEFA
Accounting Policies: NOTE A - BASIS OF PRESENTATIONThe accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents activity of all federal awards programs of Coalicion de San Juan, Inc. All federal awards received directly from federal agencies, as well a federal award passed through other agencies to Coalicion de San Juan, Inc. are included in the accompanying schedules.NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIESExpenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The Coalition has elected not to use the 10 percent the minimis indirect cost rate allowed under the Uniform Guidance.NOTE C - FEDERAL CFDA NUMBERThe Catalog of Federal Domestic Assistance (CFDA) Number is a program identification number. The first two digits identify the federal department or agency that administers the program and the last three numbers are assigned by numerical sequence accordingly with the program name within the corresponding agency.NOTE D PASS-TROUGH No federal grant dollar has been passed-through to sub-recipientNOTE E RELATIONSHIP TO FINANCIAL STATEMENTSRevenues and expenses of the Federal Awards programs are included in The Coalitions financial statements. The reconciliation between the expenses in the financial statements and expenditures in the Schedule of Expenditures of Federal Awards is as follows:Expenses in the financial statements$1,372,283Add: Capital expenditures in connection with net assets with donor restrictions 85,226Less: Depreciation expenses in connection with net assets with donor restrictions( 11,312)Less: Non-federal expenses(144,435)Total Federal Expenditures$1,301,762
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.