Notes to SEFA
Title: Basis of Accounting
Accounting Policies: Note 1: GeneralThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Serenity House Counseling Services, Inc. (the "Organization") under programs of the federal government for the year ended June 30, 2022. The information in this schedule is presented in accordance with requirements of the 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 Serenity House Counseling Services, Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Serenity House Counseling Services, Inc.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Note 2: Basis of AccountingExpenditures 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 as to reimbursement. Pass-through entity identifying numbers are presented where available.
Title: Note 4: Sub-Recipients
Accounting Policies: Note 1: GeneralThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Serenity House Counseling Services, Inc. (the "Organization") under programs of the federal government for the year ended June 30, 2022. The information in this schedule is presented in accordance with requirements of the 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 Serenity House Counseling Services, Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Serenity House Counseling Services, Inc.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Note 4: Sub-RecipientsOrganization does not have any sub-recipients of federal awards.