Notes to SEFA
The accompanying schedule of expenditures of federal and state awards (the "Schedule") includes the federal and state grant activity of United Families, Inc. under programs of the federal and state governments for the year ended June 30, 2023. The information in the 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 (the "Uniform Guidance"), and with the requirements of the California Department of Education issued Audit Guide. Because the schedule presents only a selected portion of the operations of United Families, Inc., it is not intended to, and does not present, the financial position, changes in net assets
(1) 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 to reimbursement. (2) United Families, Inc. has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.