Criteria: Under 2 CFR 200.414(f), if an entity does not have a negotiated indirect cost rate, the entity may elect to charge a de minimis rate of up to 15% of modified total direct costs (MTDC).
Condition: For the year ended December 31, 2025, management calculated indirect cost…
Criteria: Program income is gross income earned by a recipient/subrecipient that is directly generated by a supported activity or earned as a result of the federal award during the period of performance. Program income earned during the period of performance must be retained and …
Criteria: The Uniform Guidance procurement standards are located in 2 CFR, Subpart D, Sections 200.317 through 200.327. All organizations are required to follow specific procurement standards when making major purchases with federal funds, including purchases of supplies, propert…
2025-005ReportingSignificant deficiency
Criteria: Under 2 CFR 200.303, non-federal entities must establish, document, and maintain effective internal control over federal awards to provide reasonable assurance that the entity is managing the federal award in compliance with federal statutes, regulations, and the terms …
Source: Federal Audit Clearinghouse single audits (required of organizations expending $1,000,000+ in federal awards per year for fiscal years beginning on or after Oct 1, 2024; $750,000 before).