Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards included all the federal grant activities of SGA Youth & Family Services, NFP (SGA) and was presented on the accrual basis of accounting. The information in this schedule was presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: SGA has a signed Nonprofit Rate Agreement, effective 06/30/21, with the Department of Health and Human Services, on behalf of the U.S. Government, that determines the indirect cost rate and fringe benefits for all grants, contracts and other agreements with the Federal Government. Therefore, SGA did not elect to use the 10% de minimis cost rate as covered in 2 CFR 200.414 Indirect (F&A) costs.