Notes to SEFA
The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of Mosaic Georgia, Inc. under programs of the federal government for the year ended December 31, 2022. 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). Because the schedule presents only a selected portion of the operations of Mosaic Georgia, it is not intended to and does not present the financial position, change in net assets, or cash flows of Mosaic Georgia, 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 now allowable or are limited to reimbursement. Expenditures represent only the federally funded portions of the program. Mosaic Georgia's records should be consulted to determine amounts expended or matched from non-federal resources. Portions of the grant were utilized within specific guidelines to support fixed asset purchases in the following amounts: $17,607 allocated to grant B50-8-095 for modular office space solutions. The amount listed above do not represent the full total of the Fixed Asset purchases, as in multiple cases, the grant budget only alloted for a portion of the expense. Non-federal resources were utilized to support additional amounts.
The amounts shown as current expenses represent only the federal grant portion of the program costs. Entire program costs, including the organization's portion may be more than shown.
Mosaic Georgia has elected to use the 10 percent de-minimis indirect cost rate as applicable and allowed by Uniform Guidance.