Notes to SEFA
The accompanying schedule of expenditures of federal and nonfederal awards (the Schedule) includes the federal and nonfederal award activity of Family & Children's Center counseling and Development Services, Inc. The information in the 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) and Uniform Compliance Guidelines for Examination of Entities Receiving Financial Assistance from Government Sources issued by the Indiana State Board of Accounts. Because the Schedule presents only a selected portion of the operations of Family & Children's Center Counseling and Development Services, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Family & Children's Center Counseling and Development Services, Inc.
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 as to reimbursement. For the purposes of the Schedule, federal awards include all subawards passed through to Family & Children's Center Counseling and Development Services, Inc. by non-federal organizations pursuant to federal grant, contracts and similar agreements. Pass through entity numbers are included in the Schedule when available.
Family & Children's Center Counseling and Development Services, Inc. has not elected to utilize the 10% or 15% de minimis indirect cost rate allowed under the Uniform Guidance.