Title: NOTE 1: BASIS OF PRESENTATION
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Safe Journeys and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. 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: Y
Rate Explanation: THE AUDITEE ELECTED TO USE 10% DE MINIMIS COST RATE
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Safe Journeys and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
Title: NOTE 2: INDIRECT FACILITIES & ADMINISTRATION COSTS
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Safe Journeys and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. 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: Y
Rate Explanation: THE AUDITEE ELECTED TO USE 10% DE MINIMIS COST RATE
THE AUDITEE ELECTED TO USE 10% DE MINIMIS COST RATE
Title: NOTE 3: SUBRECIPIENTS
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Safe Journeys and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. 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: Y
Rate Explanation: THE AUDITEE ELECTED TO USE 10% DE MINIMIS COST RATE
OF THE FEDERAL EXPENDITURES PRESENTED IN THE SCHEDULE, SAFE JOURNEYS PROVIDED FEDERAL AWARDS TO NO SUBRECIPIENTS
Title: NOTE 4: NON-CASH ASSISTANCE
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Safe Journeys and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. 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: Y
Rate Explanation: THE AUDITEE ELECTED TO USE 10% DE MINIMIS COST RATE
THE FOLLOW AMOUNTS WERE EXPENDED IN THE FORM OF NON-CASH ASSISTANCE BY THE SAFE JOURNEYS AND ARE NOT INCLUDED IN THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS: NON-CASH COMMODITIES -$0; OTHER NON-CASH ASSISTANCE - $0
Title: NOTE 5: OTHER INFORMATION
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Safe Journeys and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. 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: Y
Rate Explanation: THE AUDITEE ELECTED TO USE 10% DE MINIMIS COST RATE
INSURANCE COVERAGE IN EFFECT PAID WITH FEDERAL FUNDS DURING THE DISCAL YEAR: PROPERTY - 2,594; GENERAL LIABILITY - 2,923; WORKERS COMPENSATION - 2,930 ; LOANS/LOAN GUARENTEES OUTSTANDING AT JUNE 30 -0; ORGANIZATION HAD FEDERAL GRANTS REQUIRING MATCHING EXPENDITURES - YES