Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Family of Woodstock, Inc., and is presented on the accrual basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from the amounts presented in, or used in the preparation of, the basic financial statements. Family of Woodstock, Inc., did not utilize subrecipients during the year ended December 31, 2024.
Where Family of Woodstock, Inc., receives funds from a government entity other than the federal government (pass-through), the funds are accumulated based upon the Assistance Listing Number (ALN) advised by the pass-through grantor. Identifying numbers, other than ALN numbers, which may be assigned bypass-through grantors, are not maintained in the Family of Woodstock, Inc’s financial management system. Family of Woodstock, Inc., has identified certain pass-through identifying numbers and included them in the schedule of expenditures of federal awards.
Indirect costs are included in the reported expenditures to the extent such costs are included in the federal financial reports used as the source for the data presented. Family of Woodstock, Inc., has not elected to use the 10 percent de-minimis indirect cost rate allowed under the Uniform Guidance.
Matching costs are not included in the schedule of expenditures of federal awards.