Notes to SEFA
Title: COUNTY FUNDED TANF PROGRAM
Accounting Policies: This schedule includes the federal grant activity of Rural Minnesota CEP, Inc. under programs of the federal government for the year ended June 30, 2022. 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). Because the schedule presents only a selected portion of the operations of Rural Minnesota CEP, Inc. it is not intended and it does not present the financial position, changes in net assets or cash flows of Rural Minnesota CEP, Inc. Expenditures reported on this 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 and are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The counties funding the MN Family Investment Program and the Diversionary Work Program include Becker, Cass, Clay, Clearwater, Crow Wing, Douglas, Grant, Hubbard, Lake of the Woods, Morrison, Otter Tail, Pope, Todd, Traverse, Wadena and Wilkin.
Title: SUBRECIPIENTS
Accounting Policies: This schedule includes the federal grant activity of Rural Minnesota CEP, Inc. under programs of the federal government for the year ended June 30, 2022. 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). Because the schedule presents only a selected portion of the operations of Rural Minnesota CEP, Inc. it is not intended and it does not present the financial position, changes in net assets or cash flows of Rural Minnesota CEP, Inc. Expenditures reported on this 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 and are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Rural Minnesota CEP, Inc. does not have any subrecipients and therefore has not incurred subrecipient expenditures.