Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal award activity of UNITE-LA and is presented on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. The amounts reported as federal expenditures were obtained from UNITE-LA’s general ledger. Because the Schedule presents only a selected portion of the operations of UNITE-LA, it is not intended to and does not present the financial position, changes in net assets, and cash flows of UNITE-LA. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. For the purposes of the Schedule, federal awards include all grants, contracts, and similar agreements entered into directly and indirectly between UNITE-LA, agencies and departments of the federal government. UNITE-LA used the 10% de minimis indirect cost rate.
UNITE-LA incurred $6,336 of allowable costs related to the Workforce Innovation and Opportunity Act programs that were paid from nonfederal sources and were not charged to the federal awards presented in the Schedule of Expenditures of Federal Awards. These costs have been identified as stand-in costs and are maintained in UNITE-LA’s accounting records. Such costs are not included in federal expenditures reported on the Schedule of Expenditures of Federal Awards.
See the Notes to the SEFA for chart/table.