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Page 44 of 51 <br />ii. By the end of the month following the month during which you make the <br />subaward. For example, if a subaward is obligated on any date during the month <br />of October of a given year (i.e., between October 1 and 31), you must report any <br />required compensation information of the subrecipient by November 30 of that <br />year. <br />d. Exemptions. <br />If, in the previous tax year, you had gross income, from all sources, under $300,000, you are <br />exempt from the requirements to report: <br />i. Subawards, and <br />ii. The total compensation of the five most highly compensated executives of any <br />subrecipient. <br />e. Definitions. For purposes of this award term: <br />1. Federal Agency means a Federal agency as defined at 5 U.S.C. 551(1) and further <br />clarified by 5 U.S.C. 552(f). <br />2. Non -Federal entity means all of the following, as defined in 2 CFR part 25: <br />i. A Governmental organization, which is a State, local government, or Indian <br />tribe; <br />ii. A foreign public entity; <br />iii. A domestic or foreign nonprofit organization; and, <br />iv. A domestic or foreign for -profit organization <br />3. Executive means officers, managing partners, or any other employees in management <br />positions. <br />4. Subaward: <br />i. This term means a legal instrument to provide support for the performance of <br />any portion of the substantive project or program for which you received this <br />award and that you as the recipient award to an eligible subrecipient. <br />ii. The term does not include your procurement of property and services needed to <br />carry out the project or program (for further explanation, see 2 CFR 200.331). <br />iii. A subaward may be provided through any legal agreement, including an <br />agreement that you or a subrecipient considers a contract. <br />5. Subrecipient means a non -Federal entity or Federal agency that: <br />i. Receives a subaward from you (the recipient) under this award; and <br />ii. Is accountable to you for the use of the Federal funds provided by the subaward. <br />R22AP00055 Agreement Template <br />City of Santa Ana (0112021) <br />