Title: Note 1: Basis of Presentation
Accounting Policies: Note 1: Basis of Presentation
The accompanying schedule of expenditures of federal and State awards (SEFSA) includes the federal and State grant activity of Children's Advocacy Centers of North Carolina, Inc., and is presented on the accrual basis of accounting. 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 Children’s Advocacy Centers of North Carolina, Inc., it is not intended to, and does not, present the financial position, changes in net position or cash flows of Children’s Advocacy Centers of North Carolina, Inc.
Note 2: Summary of Significant Accounting Policies
Expenditures reported in the SEFSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principals contained in the Uniform Guidance, wherein certain types of expenditures are not allowable, or are limited, as to reimbursement.
Note 3: Indirect Cost Rate
Children's Advocacy Centers of North Carolina, Inc. has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Note 4: Federally Funded Insurance and Federally Funded Loans
The Center had no federally funded insurance and no federally funded loans or loan guarantees for the fiscal year ended June 30, 2023.
Note 5: Non-Cash Awards
During the year ended June 30, 2023, the Center did not receive any non-cash assistance.
De Minimis Rate Used: N
Rate Explanation: Children's Advocacy Centers of North Carolina, Inc. has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal and State awards (SEFSA) includes the federal and State grant activity of Children's Advocacy Centers of North Carolina, Inc., and is presented on the accrual basis of accounting. 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 Children's Advocacy Centers of North Carolina, Inc. it is not intended to, and does not, present the financial position, changes in net position or cash flows of Children's Advocacy Centers of North Carolina, Inc.
Title: Note 2: Summary of Significiant Accounting Policies
Accounting Policies: Note 1: Basis of Presentation
The accompanying schedule of expenditures of federal and State awards (SEFSA) includes the federal and State grant activity of Children's Advocacy Centers of North Carolina, Inc., and is presented on the accrual basis of accounting. 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 Children’s Advocacy Centers of North Carolina, Inc., it is not intended to, and does not, present the financial position, changes in net position or cash flows of Children’s Advocacy Centers of North Carolina, Inc.
Note 2: Summary of Significant Accounting Policies
Expenditures reported in the SEFSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principals contained in the Uniform Guidance, wherein certain types of expenditures are not allowable, or are limited, as to reimbursement.
Note 3: Indirect Cost Rate
Children's Advocacy Centers of North Carolina, Inc. has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Note 4: Federally Funded Insurance and Federally Funded Loans
The Center had no federally funded insurance and no federally funded loans or loan guarantees for the fiscal year ended June 30, 2023.
Note 5: Non-Cash Awards
During the year ended June 30, 2023, the Center did not receive any non-cash assistance.
De Minimis Rate Used: N
Rate Explanation: Children's Advocacy Centers of North Carolina, Inc. has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Expenditures reported in the SEFSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principals contained in the Unfiorm Guidance, wherein certain types of expenditures are not allowable, or are limited, as to reimbursement.
Title: Note 3: Indirect Cost Rate
Accounting Policies: Note 1: Basis of Presentation
The accompanying schedule of expenditures of federal and State awards (SEFSA) includes the federal and State grant activity of Children's Advocacy Centers of North Carolina, Inc., and is presented on the accrual basis of accounting. 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 Children’s Advocacy Centers of North Carolina, Inc., it is not intended to, and does not, present the financial position, changes in net position or cash flows of Children’s Advocacy Centers of North Carolina, Inc.
Note 2: Summary of Significant Accounting Policies
Expenditures reported in the SEFSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principals contained in the Uniform Guidance, wherein certain types of expenditures are not allowable, or are limited, as to reimbursement.
Note 3: Indirect Cost Rate
Children's Advocacy Centers of North Carolina, Inc. has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Note 4: Federally Funded Insurance and Federally Funded Loans
The Center had no federally funded insurance and no federally funded loans or loan guarantees for the fiscal year ended June 30, 2023.
Note 5: Non-Cash Awards
During the year ended June 30, 2023, the Center did not receive any non-cash assistance.
De Minimis Rate Used: N
Rate Explanation: Children's Advocacy Centers of North Carolina, Inc. has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Children's Advocacy Centers of North Carolina, Inc. has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: Note 4: Federally Funded Insurance and Federally Funded Loans
Accounting Policies: Note 1: Basis of Presentation
The accompanying schedule of expenditures of federal and State awards (SEFSA) includes the federal and State grant activity of Children's Advocacy Centers of North Carolina, Inc., and is presented on the accrual basis of accounting. 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 Children’s Advocacy Centers of North Carolina, Inc., it is not intended to, and does not, present the financial position, changes in net position or cash flows of Children’s Advocacy Centers of North Carolina, Inc.
Note 2: Summary of Significant Accounting Policies
Expenditures reported in the SEFSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principals contained in the Uniform Guidance, wherein certain types of expenditures are not allowable, or are limited, as to reimbursement.
Note 3: Indirect Cost Rate
Children's Advocacy Centers of North Carolina, Inc. has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Note 4: Federally Funded Insurance and Federally Funded Loans
The Center had no federally funded insurance and no federally funded loans or loan guarantees for the fiscal year ended June 30, 2023.
Note 5: Non-Cash Awards
During the year ended June 30, 2023, the Center did not receive any non-cash assistance.
De Minimis Rate Used: N
Rate Explanation: Children's Advocacy Centers of North Carolina, Inc. has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The Center had no federally funded insurance and no federally funded loans or loan guarantees for the fiscal year ended June 30, 2023.
Title: Note 5: Non-Cash Awards
Accounting Policies: Note 1: Basis of Presentation
The accompanying schedule of expenditures of federal and State awards (SEFSA) includes the federal and State grant activity of Children's Advocacy Centers of North Carolina, Inc., and is presented on the accrual basis of accounting. 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 Children’s Advocacy Centers of North Carolina, Inc., it is not intended to, and does not, present the financial position, changes in net position or cash flows of Children’s Advocacy Centers of North Carolina, Inc.
Note 2: Summary of Significant Accounting Policies
Expenditures reported in the SEFSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principals contained in the Uniform Guidance, wherein certain types of expenditures are not allowable, or are limited, as to reimbursement.
Note 3: Indirect Cost Rate
Children's Advocacy Centers of North Carolina, Inc. has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Note 4: Federally Funded Insurance and Federally Funded Loans
The Center had no federally funded insurance and no federally funded loans or loan guarantees for the fiscal year ended June 30, 2023.
Note 5: Non-Cash Awards
During the year ended June 30, 2023, the Center did not receive any non-cash assistance.
De Minimis Rate Used: N
Rate Explanation: Children's Advocacy Centers of North Carolina, Inc. has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
During the year ended June 30, 2023, the Center did not receive any non-cash assistance.