Title: Basis of Presentation
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) summarizes the federal
expenditures of International Fertilizer Development Center (“IFDC”) under programs of the federal government for
the year ended December 31, 2022. 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). Because the Schedule presents only a selected portion
of the operations of IFDC, it is not intended to and does not present the financial position, changes in net assets, or
cash flows of IFDC.
For purposes of the Schedule, federal awards include all grants, contracts and similar agreements entered into directly
between IFDC and agencies and departments of the federal government and all subawards to IFDC by nonfederal
organizations pursuant to federal grants, contracts and similar agreements. The awards are classified into Type A and
Type B categories in accordance with the provisions of Title 2 U.S. Code of Federal Regulations Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Programs classified as Type A are as follows:
Research and Development – Includes awards for research and development activities under grants with
agencies and divisions of the United States Agency for International Development, the Environmental
Protection Agency and others.
Federal Assistance Listing Numbers
Catalog of Federal Assistance Listing numbers are assigned to contracts and grants on the basis of program type. Passthrough
numbers and Federal Assistance Listing numbers are presented where available.
For purposes of the Schedule, expenditures for federal award programs are recognized on the accrual basis of
accounting. Expenditures for federal awards that were awarded before December 26, 2014 are recognized following
the cost principles contained in OMB Circular A-102 Common Rule, OMB Circular A-110 or the OMB Cost
Principles Circulars, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Expenditures for federal awards that were newly awarded or had incremental funding actions with changed terms and
conditions on or after December 26, 2014 are recognized following the cost principles contained in the Uniform
Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. IFDC applies
indirect cost rates consistent with the terms of specific awards rather than the 10% de minimis indirect cost rate as
allowed under the Uniform Guidance. Amounts passed through to subrecipients are recognized when the
disbursement is made to the subrecipient.
De Minimis Rate Used: N
Rate Explanation: IFDC applies
indirect cost rates consistent with the terms of specific awards rather than the 10% de minimis indirect cost rate as
allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) summarizes the federal
expenditures of International Fertilizer Development Center (“IFDC”) under programs of the federal government for
the year ended December 31, 2022. 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). Because the Schedule presents only a selected portion
of the operations of IFDC, it is not intended to and does not present the financial position, changes in net assets, or
cash flows of IFDC.
For purposes of the Schedule, federal awards include all grants, contracts and similar agreements entered into directly
between IFDC and agencies and departments of the federal government and all subawards to IFDC by nonfederal
organizations pursuant to federal grants, contracts and similar agreements. The awards are classified into Type A and
Type B categories in accordance with the provisions of Title 2 U.S. Code of Federal Regulations Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Programs classified as Type A are as follows:
Research and Development – Includes awards for research and development activities under grants with
agencies and divisions of the United States Agency for International Development, the Environmental
Protection Agency and others.
Federal Assistance Listing Numbers
Catalog of Federal Assistance Listing numbers are assigned to contracts and grants on the basis of program type. Passthrough
numbers and Federal Assistance Listing numbers are presented where available.
Title: Federal Pass-Through Funds
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) summarizes the federal
expenditures of International Fertilizer Development Center (“IFDC”) under programs of the federal government for
the year ended December 31, 2022. 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). Because the Schedule presents only a selected portion
of the operations of IFDC, it is not intended to and does not present the financial position, changes in net assets, or
cash flows of IFDC.
For purposes of the Schedule, federal awards include all grants, contracts and similar agreements entered into directly
between IFDC and agencies and departments of the federal government and all subawards to IFDC by nonfederal
organizations pursuant to federal grants, contracts and similar agreements. The awards are classified into Type A and
Type B categories in accordance with the provisions of Title 2 U.S. Code of Federal Regulations Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Programs classified as Type A are as follows:
Research and Development – Includes awards for research and development activities under grants with
agencies and divisions of the United States Agency for International Development, the Environmental
Protection Agency and others.
Federal Assistance Listing Numbers
Catalog of Federal Assistance Listing numbers are assigned to contracts and grants on the basis of program type. Passthrough
numbers and Federal Assistance Listing numbers are presented where available.
For purposes of the Schedule, expenditures for federal award programs are recognized on the accrual basis of
accounting. Expenditures for federal awards that were awarded before December 26, 2014 are recognized following
the cost principles contained in OMB Circular A-102 Common Rule, OMB Circular A-110 or the OMB Cost
Principles Circulars, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Expenditures for federal awards that were newly awarded or had incremental funding actions with changed terms and
conditions on or after December 26, 2014 are recognized following the cost principles contained in the Uniform
Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. IFDC applies
indirect cost rates consistent with the terms of specific awards rather than the 10% de minimis indirect cost rate as
allowed under the Uniform Guidance. Amounts passed through to subrecipients are recognized when the
disbursement is made to the subrecipient.
De Minimis Rate Used: N
Rate Explanation: IFDC applies
indirect cost rates consistent with the terms of specific awards rather than the 10% de minimis indirect cost rate as
allowed under the Uniform Guidance.
Certain funds are passed through to subgrantee organizations by IFDC. Expenditures incurred by the subgrantees and
reimbursed by IFDC are presented in the Schedule. IFDC provided $2,379,156 of federal awards to subrecipients
during the year ended December 31, 2022.
IFDC is also the subrecipient of federal funds that are subject to testing and are reported as expenditures and listed as
federal pass-through funds. Federal awards other than those indicated as pass-through received are considered direct.
Title: Summary of Significant Accounting Policies
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) summarizes the federal
expenditures of International Fertilizer Development Center (“IFDC”) under programs of the federal government for
the year ended December 31, 2022. 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). Because the Schedule presents only a selected portion
of the operations of IFDC, it is not intended to and does not present the financial position, changes in net assets, or
cash flows of IFDC.
For purposes of the Schedule, federal awards include all grants, contracts and similar agreements entered into directly
between IFDC and agencies and departments of the federal government and all subawards to IFDC by nonfederal
organizations pursuant to federal grants, contracts and similar agreements. The awards are classified into Type A and
Type B categories in accordance with the provisions of Title 2 U.S. Code of Federal Regulations Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Programs classified as Type A are as follows:
Research and Development – Includes awards for research and development activities under grants with
agencies and divisions of the United States Agency for International Development, the Environmental
Protection Agency and others.
Federal Assistance Listing Numbers
Catalog of Federal Assistance Listing numbers are assigned to contracts and grants on the basis of program type. Passthrough
numbers and Federal Assistance Listing numbers are presented where available.
For purposes of the Schedule, expenditures for federal award programs are recognized on the accrual basis of
accounting. Expenditures for federal awards that were awarded before December 26, 2014 are recognized following
the cost principles contained in OMB Circular A-102 Common Rule, OMB Circular A-110 or the OMB Cost
Principles Circulars, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Expenditures for federal awards that were newly awarded or had incremental funding actions with changed terms and
conditions on or after December 26, 2014 are recognized following the cost principles contained in the Uniform
Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. IFDC applies
indirect cost rates consistent with the terms of specific awards rather than the 10% de minimis indirect cost rate as
allowed under the Uniform Guidance. Amounts passed through to subrecipients are recognized when the
disbursement is made to the subrecipient.
De Minimis Rate Used: N
Rate Explanation: IFDC applies
indirect cost rates consistent with the terms of specific awards rather than the 10% de minimis indirect cost rate as
allowed under the Uniform Guidance.
For purposes of the Schedule, expenditures for federal award programs are recognized on the accrual basis of
accounting. Expenditures for federal awards that were awarded before December 26, 2014 are recognized following
the cost principles contained in OMB Circular A-102 Common Rule, OMB Circular A-110 or the OMB Cost
Principles Circulars, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Expenditures for federal awards that were newly awarded or had incremental funding actions with changed terms and
conditions on or after December 26, 2014 are recognized following the cost principles contained in the Uniform
Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. IFDC applies
indirect cost rates consistent with the terms of specific awards rather than the 10% de minimis indirect cost rate as
allowed under the Uniform Guidance. Amounts passed through to subrecipients are recognized when the
disbursement is made to the subrecipient.
Title: Facilities and Administrative Costs
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) summarizes the federal
expenditures of International Fertilizer Development Center (“IFDC”) under programs of the federal government for
the year ended December 31, 2022. 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). Because the Schedule presents only a selected portion
of the operations of IFDC, it is not intended to and does not present the financial position, changes in net assets, or
cash flows of IFDC.
For purposes of the Schedule, federal awards include all grants, contracts and similar agreements entered into directly
between IFDC and agencies and departments of the federal government and all subawards to IFDC by nonfederal
organizations pursuant to federal grants, contracts and similar agreements. The awards are classified into Type A and
Type B categories in accordance with the provisions of Title 2 U.S. Code of Federal Regulations Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Programs classified as Type A are as follows:
Research and Development – Includes awards for research and development activities under grants with
agencies and divisions of the United States Agency for International Development, the Environmental
Protection Agency and others.
Federal Assistance Listing Numbers
Catalog of Federal Assistance Listing numbers are assigned to contracts and grants on the basis of program type. Passthrough
numbers and Federal Assistance Listing numbers are presented where available.
For purposes of the Schedule, expenditures for federal award programs are recognized on the accrual basis of
accounting. Expenditures for federal awards that were awarded before December 26, 2014 are recognized following
the cost principles contained in OMB Circular A-102 Common Rule, OMB Circular A-110 or the OMB Cost
Principles Circulars, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Expenditures for federal awards that were newly awarded or had incremental funding actions with changed terms and
conditions on or after December 26, 2014 are recognized following the cost principles contained in the Uniform
Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. IFDC applies
indirect cost rates consistent with the terms of specific awards rather than the 10% de minimis indirect cost rate as
allowed under the Uniform Guidance. Amounts passed through to subrecipients are recognized when the
disbursement is made to the subrecipient.
De Minimis Rate Used: N
Rate Explanation: IFDC applies
indirect cost rates consistent with the terms of specific awards rather than the 10% de minimis indirect cost rate as
allowed under the Uniform Guidance.
IFDC operates under a provisional indirect cost rate. On April 2020, IFDC received notification of the final rates as
follows:
Type From Through OH Rate Procurement Handling
Rate
Final Jan. 1, 2015 Dec. 31, 2015 34.59% 2.70%
Final Jan. 1, 2016 Dec. 31, 2016 35.14% 2.71%
Final Jan. 1, 2017 Dec. 31, 2017 35.90% 3.61%
Final Jan. 1, 2018 Dec. 31, 2018 36.57% 3.59%
Provisional Jan. 1, 2019 Until Amended 33.36% 7.19%
The new provisional indirect cost rates, which are effective from January 1, 2019 until amended, are 33.36%
(overhead) and 7.19% (procurement handling).