Notes to SEFA
Title: SUBRECIPIENTS
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Association, and is presented on the accrual basis of accounting, except for amounts passed through to other agencies, which are presented on the cash 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Association passed through $1,637,825, $29,942, and $44,633 of federal funding (FAL93.217), (FAL 93.788), and (FAL 93.092) respectively, to subrecipients during the yearended June 30, 2022.
Title: FEDERAL ASSISTANCE LISTINGS NUMBERS
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Association, and is presented on the accrual basis of accounting, except for amounts passed through to other agencies, which are presented on the cash 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The program titles and Federal Assistance Listings (FAL) numbers were obtined from thefederal or pass-through grantor or the 2022 Federal Assistance Listings. When no FederalAssistance Listings Number has been assigned to a program, the two digit federal agencyidentifier and the federal contract number were used. When there was no federal contractnumber, the 2-digit federal agency identifier and the word "unknown" were used.