Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures 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.
The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the federal award activity of Center for Religion and Diplomacy, Inc. DBA International Center for Religion and Diplomacy under programs of the federal government for the year ended September 30, 2022. 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 Center for Religion and Diplomacy, Inc. DBA International Center for Religion and Diplomacy, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
Title: Total Government Funds
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures 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.
A reconciliation of the Schedule to the Statement of Activities and Changes in Net Assets for the year ended September 30, 2022 is as follows:Schedule of Expenditures of Federal Awards$1,349,925Other government contributions (PPP)111,295Non-U.S. Government awards3,524,652Total Government awards$4,985,872