Notes to SEFA
Title: Summary of Significant Accounting Policies
Accounting Policies: 1. Basis of PresentationThe accompanying schedule of expenditures of federal awards (Schedule) includes the federal grant activity ofNational Association of Criminal Defense Lawyers, Inc. and NACDL Foundation for Criminal Justice under programsof the federal government for the year ended September 30, 2022. The information in this Schedule is presented inaccordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because theSchedule presents only a selected portion of the operations of National Association of Criminal Defense Lawyers, Inc.and NACDL Foundation for Criminal Justice, it is not intended to and does not present the consolidated financialposition, consolidated changes in net assets, or consolidated cash flows of National Association of Criminal DefenseLawyers, Inc. and NACDL Foundation for Criminal Justice.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures arenot allowable or are limited as to reimbursement. National Association of Criminal Defense Lawyers, Inc. and NACDLFoundation for Criminal Justice has not elected to use the 10-percent de minimis indirect cost rate.
Title: Contingency
Accounting Policies: 1. Basis of PresentationThe accompanying schedule of expenditures of federal awards (Schedule) includes the federal grant activity ofNational Association of Criminal Defense Lawyers, Inc. and NACDL Foundation for Criminal Justice under programsof the federal government for the year ended September 30, 2022. The information in this Schedule is presented inaccordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because theSchedule presents only a selected portion of the operations of National Association of Criminal Defense Lawyers, Inc.and NACDL Foundation for Criminal Justice, it is not intended to and does not present the consolidated financialposition, consolidated changes in net assets, or consolidated cash flows of National Association of Criminal DefenseLawyers, Inc. and NACDL Foundation for Criminal Justice.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The grant revenue amounts received and expenses (eligible for reimbursement) are subject to audit adjustment. If any expenses are disallowed by the grantor as a result of such audit, any claim for reimbursement to the grantor would become a liability of National Association of Criminal Defense Lawyers, Inc. and NACDL Foundation for Criminal Justice. In the opinion of management, all grant expenses (eligible for reimbursement) are in compliance with the terms of the grant agreement and applicable federal and state laws and regulations.