Title: SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Note 1 – Basis of Presentation This schedule includes the federal award activity of Open Doors Homeless Coalition under programs of the federal government of 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 Requirement, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents on a selected portion of the operations of Open Doors Homeless Coalition, it is not intended to and does not present the financial position, or changes in net assets of Open Doors Homeless Coalition. Note 2 – Summary of Significant Accounting Policies Expenditures reported on the Schedule are reported on same basis of accounting and significant accounting policies, as applicable, used for the financial statements. Such expenditures 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Open Doors Homeless Colation allocates indirect costs to the grants based on grant award budget
Note 1 – Basis of Presentation
Title: SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Note 1 – Basis of Presentation This schedule includes the federal award activity of Open Doors Homeless Coalition under programs of the federal government of 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 Requirement, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents on a selected portion of the operations of Open Doors Homeless Coalition, it is not intended to and does not present the financial position, or changes in net assets of Open Doors Homeless Coalition. Note 2 – Summary of Significant Accounting Policies Expenditures reported on the Schedule are reported on same basis of accounting and significant accounting policies, as applicable, used for the financial statements. Such expenditures 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Open Doors Homeless Colation allocates indirect costs to the grants based on grant award budget
This schedule includes the federal award activity of Open Doors Homeless Coalition under programs of the federal government of 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 Requirement, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents on a selected portion of the operations of Open Doors Homeless Coalition, it is not intended to and does not present the financial position, or changes in net assets of Open Doors Homeless Coalition.
Title: SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Note 1 – Basis of Presentation This schedule includes the federal award activity of Open Doors Homeless Coalition under programs of the federal government of 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 Requirement, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents on a selected portion of the operations of Open Doors Homeless Coalition, it is not intended to and does not present the financial position, or changes in net assets of Open Doors Homeless Coalition. Note 2 – Summary of Significant Accounting Policies Expenditures reported on the Schedule are reported on same basis of accounting and significant accounting policies, as applicable, used for the financial statements. Such expenditures 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Open Doors Homeless Colation allocates indirect costs to the grants based on grant award budget
Note 2 – Summary of Significant Accounting Policies
Title: SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Note 1 – Basis of Presentation This schedule includes the federal award activity of Open Doors Homeless Coalition under programs of the federal government of 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 Requirement, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents on a selected portion of the operations of Open Doors Homeless Coalition, it is not intended to and does not present the financial position, or changes in net assets of Open Doors Homeless Coalition. Note 2 – Summary of Significant Accounting Policies Expenditures reported on the Schedule are reported on same basis of accounting and significant accounting policies, as applicable, used for the financial statements. Such expenditures 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Open Doors Homeless Colation allocates indirect costs to the grants based on grant award budget
Expenditures reported on the Schedule are reported on same basis of accounting and significant accounting policies, as applicable, used for the financial statements. Such expenditures 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
Title: DE MINIMIS COST RATE
Accounting Policies: Note 1 – Basis of Presentation This schedule includes the federal award activity of Open Doors Homeless Coalition under programs of the federal government of 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 Requirement, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents on a selected portion of the operations of Open Doors Homeless Coalition, it is not intended to and does not present the financial position, or changes in net assets of Open Doors Homeless Coalition. Note 2 – Summary of Significant Accounting Policies Expenditures reported on the Schedule are reported on same basis of accounting and significant accounting policies, as applicable, used for the financial statements. Such expenditures 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Open Doors Homeless Colation allocates indirect costs to the grants based on grant award budget
Open Doors Homeless Colation allocates indirect costs to the grants based on grant award budget