Title: NOTE 1 - BASIS OF PRESENTATION
Accounting Policies: The Schedule of Expenditures of Federal Awards includes the federal grant activity of Community Support Network and is presented on the accrual basis. 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). The amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree, in all material respects, to amounts reported within Community Support Network’s financial statements.
De Minimis Rate Used: N
Rate Explanation: CSN charged the indirect cost per the rate allowable which is higher than 10%
The Schedule of Expenditures of Federal Awards includes the federal grant activity of Community Support Network and is presented on the accrual basis. 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). The amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree, in all material respects, to amounts reported within Community Support Network’s financial statements.
Title: NOTE 2 - PASS – THROUGH ENTITIES’ IDENTIFYING NUMBER
Accounting Policies: The Schedule of Expenditures of Federal Awards includes the federal grant activity of Community Support Network and is presented on the accrual basis. 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). The amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree, in all material respects, to amounts reported within Community Support Network’s financial statements.
De Minimis Rate Used: N
Rate Explanation: CSN charged the indirect cost per the rate allowable which is higher than 10%
When federal awards were received from a pass-through entity, the Schedule of Expenditures of Federal Awards shows, if available, the identifying number assigned by the pass-through entity. When no identifying number is shown, Community Support Network determined that no identifying number is assigned for the program or Community Support Network was unable to obtain an identifying number from the pass-through entity
Title: NOTE 3 - FEDERAL ASSISTANCE LISTING NUMBERS
Accounting Policies: The Schedule of Expenditures of Federal Awards includes the federal grant activity of Community Support Network and is presented on the accrual basis. 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). The amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree, in all material respects, to amounts reported within Community Support Network’s financial statements.
De Minimis Rate Used: N
Rate Explanation: CSN charged the indirect cost per the rate allowable which is higher than 10%
The Federal assistance listing number included in the accompanying Schedule of Expenditures of Federal Awards was determined based on the program name, review of the award contract, and the Office of Management and Budget’s Federal assistance listing numbers.
Title: NOTE 4 - LOAN PROGRAMS WITH CONTINUING COMPIANCE REQUIREMENTS
Accounting Policies: The Schedule of Expenditures of Federal Awards includes the federal grant activity of Community Support Network and is presented on the accrual basis. 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). The amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree, in all material respects, to amounts reported within Community Support Network’s financial statements.
De Minimis Rate Used: N
Rate Explanation: CSN charged the indirect cost per the rate allowable which is higher than 10%
The Organization participates in the Supportive Housing Program/Special User Housing Rehabilitation loans, Community Development Block Grants/Entitlement Grants, Home Investment Partnership, federal loan programs. The balance of the current year loan activities, as required under the Uniform Guidance, are presented in the Schedule of Expenditures of Federal Awards. The following is a summary of changes in federal loan balances for the year ended June 30, 2022:
Balance at
June 30, 2022
Supportive Housing Program
Special User Housing Rehabilitation loans
$ 1,234,920
Community Development Block Grants loans 373,432
Home Investment Partnership loans 987,347
Total $ 2,595,699
Title: NOTE 5 - INDIRECT COSTS
Accounting Policies: The Schedule of Expenditures of Federal Awards includes the federal grant activity of Community Support Network and is presented on the accrual basis. 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). The amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree, in all material respects, to amounts reported within Community Support Network’s financial statements.
De Minimis Rate Used: N
Rate Explanation: CSN charged the indirect cost per the rate allowable which is higher than 10%
Community Support Network elected not to use the 10% de minimis cost rate as covered in the Uniform Guidance Part 200.414 Indirect (F&A) Costs.