Notes to SEFA
Title: NOTE 3. CONTINGENCIES
Accounting Policies: NOTE 1. BASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards (the Schedule) includes thefederal grant activity of Atlanta Legal Aid Society, Inc. under programs of the federal governmentfor the year ended December 31, 2022. The information in the Schedule is presented inaccordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards(Uniform Guidance). Because the Schedule presents only a selected portion of the activities ofAtlanta Legal Aid Society, Inc., it is not intended to and does not present the financial position,changes in net assets, or cash flows of Atlanta Legal Aid Society, Inc.The accompanying schedule of expenditures of state awards includes the grant activity of AtlantaLegal Aid Society, Inc. under programs of the state government for the year ended December 31,2022.NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIESExpenditures reported on the Schedule are reported on the accrual basis of accounting. Suchexpenditures 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.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Grant monies received and disbursed are for specific purposes and are subject to review by thegrantor agencies. Such audits may result in requests for reimbursement due to disallowedexpenditures. Management does not believe that such disallowance, if any, would have amaterial effect on its financial position. As of December 31, 2022, there were no materialquestioned or disallowed costs as a result of the grant audits in process or completed.
Title: NOTE 5. OTHER INFORMATION
Accounting Policies: NOTE 1. BASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards (the Schedule) includes thefederal grant activity of Atlanta Legal Aid Society, Inc. under programs of the federal governmentfor the year ended December 31, 2022. The information in the Schedule is presented inaccordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards(Uniform Guidance). Because the Schedule presents only a selected portion of the activities ofAtlanta Legal Aid Society, Inc., it is not intended to and does not present the financial position,changes in net assets, or cash flows of Atlanta Legal Aid Society, Inc.The accompanying schedule of expenditures of state awards includes the grant activity of AtlantaLegal Aid Society, Inc. under programs of the state government for the year ended December 31,2022.NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIESExpenditures reported on the Schedule are reported on the accrual basis of accounting. Suchexpenditures 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.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
There were no endowments, insurance in effect, noncash assistance or loan balances orguarantee programs for the year ended December 31, 2022.