Notes to SEFA
Title: 3. SUBRECIPIENTS
Accounting Policies: 1. BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of Missouri IncuTech Foundation dba Missouri Enterprise under programs of the federal government for the year ended June 30, 2023. The information in this Schedule is presented 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). Because the Schedule presents only a selected portion of the operations of Missouri IncuTech Foundation dba Missouri Enterprise, it is not intended to and does not present the financial position, changes in net position, or cash flows of Missouri IncuTech Foundation dba Missouri Enterprise. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Missouri IncuTech Foundation dba Missouri Enterprise has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: Missouri IncuTech Foundation dba Missouri Enterprise has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
AM&T Alliance $10,000 Catalyst Connection $16,500 Center for Economic $10,000 Connstep Inc. $5,000 Columbus State $20,000 CMTC - California Manufactures $10,000 Floridamakes Inc. $10,000 Delaware Valley Ind $10,000 Purdue University $10,000 Primex $10,000 CIFT $9,000 URI Research Foundation $30,000 MAGNET $171,947 MRC MFG Resource $10,000 New Jersey Manufacturing $200 OMEP, Inc. $10,000 Iowa State University $6,500 Missouri S&T $12,568 Techsolve Inc. $5,000 St. Louis Center for International Relations d/b/a World Trade Center - St. Louis $36,078 Rankin Technical College $31,250