Title: Note 2 - Grants to Sub-recipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federalgrant activity of The Josselyn Center, NFP (the Center) for the year ended June 30,2022 and is presented on the accrual basis of accounting. The information in thisschedule is presented in accordance with requirements of Title 2 U.S. Code of FederalRegulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Therefore, some amountspresented in this schedule may differ from amounts presented in, or used in thepreparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Josselyn Center, NFP did not provide any federal awards to sub-recipients during theyear ended June 30, 2022.
Title: Note 3 - Major Programs
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federalgrant activity of The Josselyn Center, NFP (the Center) for the year ended June 30,2022 and is presented on the accrual basis of accounting. The information in thisschedule is presented in accordance with requirements of Title 2 U.S. Code of FederalRegulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Therefore, some amountspresented in this schedule may differ from amounts presented in, or used in thepreparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
In accordance with Uniform Guidance, major programs for the Center are individualprograms or a cluster of programs determined by using a risk-based analysis. Thethreshold for distinguishing Type A and Type B programs was $750,000.
Title: Note 4 - Non-cash Assistance
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federalgrant activity of The Josselyn Center, NFP (the Center) for the year ended June 30,2022 and is presented on the accrual basis of accounting. The information in thisschedule is presented in accordance with requirements of Title 2 U.S. Code of FederalRegulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Therefore, some amountspresented in this schedule may differ from amounts presented in, or used in thepreparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Josselyn Center, NFP did not receive any non-cash assistance during the year endedJune 30, 2022.
Title: Note 5 - Federal Insurance and Loans
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federalgrant activity of The Josselyn Center, NFP (the Center) for the year ended June 30,2022 and is presented on the accrual basis of accounting. The information in thisschedule is presented in accordance with requirements of Title 2 U.S. Code of FederalRegulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Therefore, some amountspresented in this schedule may differ from amounts presented in, or used in thepreparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Josselyn Center, NFP did not have any federal insurance or loans during the yearended June 30, 2022.