Notes to SEFA
Title: Basis of presentation
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of Northwest Youth Corps under programs of the federal government for the year ended December 31, 2022. The information in this Schedule is presented in accordance with the requirements of the Uniform Guidance. Because the Schedule presents only a selected portion of the operations of Northwest Youth Corps, it is not intended to and does not present the financial position, changes in net assets or cash flows of Northwest Youth Corps.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Expenditures reported in this Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), wherein certain types of expenditures are not allowable or are limited to reimbursement. Pass-through entity identifying numbers are presented where applicable.
Title: Pass-through payments to subrecipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of Northwest Youth Corps under programs of the federal government for the year ended December 31, 2022. The information in this Schedule is presented in accordance with the requirements of the Uniform Guidance. Because the Schedule presents only a selected portion of the operations of Northwest Youth Corps, it is not intended to and does not present the financial position, changes in net assets or cash flows of Northwest Youth Corps.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Northwest Youth Corps did not have any payments to subrecipients for the year ended December 31, 2022.