FAC Explorer

Audit 8680

FY End
2022-12-31
Total Expended
$2.75M
Findings
0
Programs
6
Organization: The Modern Maturity Center INC (DE)
Year: 2022 Accepted: 2023-12-28
Auditor: Whisman Giordano & Associates LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
17.235 Senior Community Service Employment Program $161,725 - 0
93.044 Special Programs for the Aging_title Iii, Part B_grants for Supportive Services and Senior Centers $88,187 Yes 0
93.045 Special Programs for the Aging_title Iii, Part C_nutrition Services $62,187 Yes 0
94.002 Retired and Senior Volunteer Program $48,078 - 0
93.667 Social Services Block Grant $44,511 - 0
93.052 National Family Caregiver Support, Title Iii, Part E $10,376 - 0

Contacts

Name Title Type
CKA9NYBJ9B25 Carolyn Fredericks Auditee
3027341200 Frank Defroda, CPA Auditor
No contacts on file

Notes to SEFA

Title: NOTE A - BASIC OF PRESENTATION Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Modern Maturity Center, Inc. and is presented on the accrual basic of accounting. The information is presented in accordance with the requirements of 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 10% de minimis indirect cost rate, as permitted by the Uniform Guidance. The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Modern Maturity Center, Inc. and is presented on the accrual basic of accounting. The information is presented in accordance with the requirements of 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.
Title: NOTE B - INDIRECT COST RATE Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Modern Maturity Center, Inc. and is presented on the accrual basic of accounting. The information is presented in accordance with the requirements of 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 10% de minimis indirect cost rate, as permitted by the Uniform Guidance. For the year ended December 31, 2022, The Modern Maturity Center, Inc. has elected to use the 10% de minimis indirect cost rate, as permitted by the Uniform Guidance.