Title: Awards of Subsidiaries and Affiliate
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance (the "Schedules") include the federal and state grant activity of Allies, Inc. ("Allies") under programs of the federal and state government for the year ended June 30, 2022. The information in these Schedules is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards ("Uniform Guidance") and State of New Jersey, Policy Circular Letter 15-08-OMB, Single Audit Policy for Recipients of Federal Grants, State Grants and State Aid (the "Circular"). Because the Schedules present only a selected portion of the operations of Allies, they are not intended and do notpresent the financial position, change in net assets or cash flows of Allies. Expenditures reported on the schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and the State of New Jersey, Department of Human Services and Children and Families Cost Reimbursement Manuals, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform guidance.
The accompanying Schedules include the federal and state grant activity of Allies, Inc. only. The other subsidiaries and affiliates are excluded. Each individual entity was subject to testing under the Uniform Guidance and the Circular, as applicable, in their respective standalone financial statements.
Title: Reconciliation of Government Grants to Schedules
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance (the "Schedules") include the federal and state grant activity of Allies, Inc. ("Allies") under programs of the federal and state government for the year ended June 30, 2022. The information in these Schedules is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards ("Uniform Guidance") and State of New Jersey, Policy Circular Letter 15-08-OMB, Single Audit Policy for Recipients of Federal Grants, State Grants and State Aid (the "Circular"). Because the Schedules present only a selected portion of the operations of Allies, they are not intended and do notpresent the financial position, change in net assets or cash flows of Allies. Expenditures reported on the schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and the State of New Jersey, Department of Human Services and Children and Families Cost Reimbursement Manuals, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform guidance.
Government grants revenue per audit: $ 4,363,131 PRF - Phase 4* 263,828 Revenue from Abilities of Northwest Jersey, Inc., Allies Homes, Inc., Allies Homes 2004, Inc., Allies Homes 2005, Inc., Allies Homes 2009, Inc., Middletown Homes, Inc. and Dreamscapes - Building Visions, Inc. (1,896,204) Adjusted government grants revenue per audit for Allies 2,730,755 Expenses per Schedules PRF - Phase 3* 842,080 DCF - Medical Assistance Program 2,568,075 Subtotal Federal Expenditures 3,410,155 DDD - Group Home (Residential) 94,778 DCF - Direct Service Provider Wage Increase 43,334 Subtotal State Expenditures 138,112 Total Expenses per Schedules 3,548,267Less: PRF Phase 3* funds recognized as revenue in prior period (842,080)Add: PRF Phase 4* funds reportable on subsequent SEFA 24,568 Adjusted expenses per Schedules 2,730,755 Variance $ -