Notes to SEFA
Accounting Policies: The Schedule of Expenditures of Federal Awards has been prepared on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America and is 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). Expenditures reported on the Schedule of Expenditures of Federal Awards include cash disbursements, whether capitalized or expensed during the fiscal year, as well as grant related amounts recorded as payables at year end. Revenues reported on the Schedule of Expenditures of Federal Awards include cash receipts, whether recognized or deferred, as well as grant receivables recorded at year end.
De Minimis Rate Used: N
Rate Explanation: The Coalition did not routinely allocate costs to Federal Awards programs except to the administrative portion of the grants. Costs charged to such programs were direct costs unless specifically incurred for the program and allowed and indicated as such.