Title: Note 3. 477 Plan
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Bristol Bay Native Association under programs of the federal government for the year ended September 30, 2022. The information in this 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 Bristol Bay Native Association, it is not intended to and does not present the financial statements of Bristol Bay Native Association. 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Bristol Bay Native Association did not use the de minimis cost rate.
Bristol Bay Native Associations 477 Plan consist of the following programs: Indian Social Services Welfare Assistance (ALN # 15.113), Indian Education Higher Education Grant (ALN # 15.114), Native American Employment and Training (ALN # 17.265), Temporary Assistance for Needy Families (ALN # 93.558), Community Services Block Grant (ALN # 93.569), Child Care and Development Block Grant (ALN # 93.575), Tribal Work Grants Native Employment Works (ALN # 93.594), and Child Care Mandatory and Matching Funds of the Child Care and Development Fund (ALN # 93.596).
Title: Note 4. Deferred Revenue
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Bristol Bay Native Association under programs of the federal government for the year ended September 30, 2022. The information in this 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 Bristol Bay Native Association, it is not intended to and does not present the financial statements of Bristol Bay Native Association. 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Bristol Bay Native Association did not use the de minimis cost rate.
Deferred revenue for federal programs consisted of the following: Compact Funding Agreement 15.022$19,437,362Nutrition Services Incentive Program93.053587Low Income Home Energy Assistance Program93.568137Marine Mammal15.156114,122FHWA Funding Highway Planning and Construction20.2051,898,484477 Plan15.U016,522,832
Title: Note 5. Reconciliation of Grants by Assistance Listing Number
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Bristol Bay Native Association under programs of the federal government for the year ended September 30, 2022. The information in this 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 Bristol Bay Native Association, it is not intended to and does not present the financial statements of Bristol Bay Native Association. 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Bristol Bay Native Association did not use the de minimis cost rate.
The following provides a reconciliation by Assistance Listing Number:Grant NameALNAmountDirect Funding:Nutrition Services Incentive Program - 93.053$3,739Passed through the State of Alaska, Department of Health:Special Programs for the Aging Title III, Part C, Nutrition Services93.04558,793Special Programs for the Aging Title III, Part C, Nutrition Services93.0458,807Special Programs for the Aging Title III, Part C, Nutrition Services- COVID93.0457,159 Total ALN 93.04574,759Special Programs for the Aging Title III, Part B Disease Prevention and Health Promotion Services93.044733Special Programs for the Aging Title III, Part B Disease Prevention and Health Promotion Services93.044115 Total ALN 93.044848 Total Aging Cluster$79,346