Notes to SEFA
Title: Noncash Assistance
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Douglass Community Services, Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. Douglass Community Services, Inc. used an approved negotiated indirect cost rate of 12% for the year ended December 31, 2022.
Nonmonetary assistance is reported in the accompanying Schedule of Expenditures of Federal Awards at the fair market value of the commodities received and dispersed.
Title: Loans and Federal Insurance
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Douglass Community Services, Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. Douglass Community Services, Inc. used an approved negotiated indirect cost rate of 12% for the year ended December 31, 2022.
Douglass Community Services, Inc. did not receive any loans or loan guarantees and had no federal insurance in effect during the year ended December 31, 2022.
Title: Subrecipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Douglass Community Services, Inc. and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. Douglass Community Services, Inc. used an approved negotiated indirect cost rate of 12% for the year ended December 31, 2022.
Douglass Community Services, Inc. did not disburse any federal funds to subrecipients during the year ended December 31, 2022.