Notes to SEFA
Title: SUBRECIPIENTS
Accounting Policies: The accompanying schedules of expenditures of federal, state and county awards include the federal, state and county contract activity of Family Connections, Inc. (Organization) and are presented on the accrual basis of accounting. The information in these schedules 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 and New Jersey Office of Management and Budget Circular Letter 15-08. Therefore, some amounts presented in these schedules may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
During the year ended June 30, 2022, the Organization did not provide any funds relating to their federal, state and county programs to subrecipients.
Title: LOAN AND LOAN GUARANTEE PROGRAMS:
Accounting Policies: The accompanying schedules of expenditures of federal, state and county awards include the federal, state and county contract activity of Family Connections, Inc. (Organization) and are presented on the accrual basis of accounting. The information in these schedules 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 and New Jersey Office of Management and Budget Circular Letter 15-08. Therefore, some amounts presented in these schedules may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
As of June 30, 2022, the Organization did not have any federal loan or loan guarantee programs.