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SALISBURY -ROWAN COMMUNITY ACTION AGENCY, INC. <br />Indirect Cost Rate Proposal <br />For the Fiscal Year Ended October 31, 2011 <br />A. Introduction <br />Salisbury -Rowan Community Action Agency, Inc. is a non -profit Community Action organization <br />located in Salisbury, NC. Funded primarily by federal, state, and local sources, the Agency administers <br />a variety of programs including: Community Service Block Grant (CSBG), Head Start (HS), <br />Weatherization Assistance Program (WAP), Heating and Air Repair and Replacement Program <br />(HARRP), Workforce Investment Act (WIA), Child and Adult Care Food Program (CACFP), and child <br />day care programs, In addition to the above and for limited specific terms, the Agency administers two <br />programs through the American Recovery and Reinvestment Act of 2007 (ARRA): WAP ARRA and <br />Early Head Start Expansion ARRA. The Agency fiscal year end is October 31. <br />B. Cost Allocation. Methodology <br />This proposal is for an indirect cost rate for the Agency's 2011 fiscal year based on the actual costs for <br />its fiscal year beginning November 1, 2010 and ending October 31, 2011. The proposal is based on the <br />Agency's organization -wide independent financial audit report, Audited Financial Statements, and taken <br />from the Consolidated Supplemental Schedule of Activities and the Supplemental Schedules of <br />Activities for each program for the fiscal year ending October 31, 2011: <br />The proposal addresses all elements of cost incurred by Salisbury -Rowan Community Action Agency, <br />Inc, and identifies shared costs that require allocation. <br />The Agency treats all costs as direct costs except general administration and associated general <br />expenses. Joint costs are prorated individually as direct costs to each category and to each program <br />using a base most appropriate to the particular cost being prorated. <br />C. Direct Costs <br />Direct costs are costs that can be identified specifically with a program and therefore are charged to that <br />program. These. costs are recorded in the accounting system as they are incurred within the series of <br />accounts assigned for that purpose and further distribution is not required. <br />D. Indirect Costs <br />Indirect costs are costs incurred for common or joint objectives and therefore cannot be readily and <br />specifically identified with a particular project or activity. These costs are grouped into a common pool <br />for the overall administration of the Agency. <br />Attachment number 6 <br />F -6 Page 131 <br />