Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Basis of Presentation, Program Costs, De-Minimus Cost Rate, and No In-Direct Program Costs
De Minimis Rate Used: N
Rate Explanation: Agape' Unlimited elected to not use the 10-percent de minims indirect cost rate under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the activity of federal award programs administered by the Organization, using accrual basis of accounting. Federal awards that are included in the Schedule may be received directly from federal agencies. The information presented in the 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).
Title: Program Costs
Accounting Policies: Basis of Presentation, Program Costs, De-Minimus Cost Rate, and No In-Direct Program Costs
De Minimis Rate Used: N
Rate Explanation: Agape' Unlimited elected to not use the 10-percent de minims indirect cost rate under the Uniform Guidance.
Direct award expenditures followed the cost principle contained in Title 2 U.S. Code of Federal Regulations Part 200, uniform administrative requirements, cost principles, and audit requirements for federal awards.
Title: De-Minimus Cost Rate
Accounting Policies: Basis of Presentation, Program Costs, De-Minimus Cost Rate, and No In-Direct Program Costs
De Minimis Rate Used: N
Rate Explanation: Agape' Unlimited elected to not use the 10-percent de minims indirect cost rate under the Uniform Guidance.
Agape' Unlimited elected to not use the 10-percent de minims indirect cost rate under the Uniform Guidance.
Title: No Indirect Program Costs
Accounting Policies: Basis of Presentation, Program Costs, De-Minimus Cost Rate, and No In-Direct Program Costs
De Minimis Rate Used: N
Rate Explanation: Agape' Unlimited elected to not use the 10-percent de minims indirect cost rate under the Uniform Guidance.
Agape' Unlimited did not charge any indirect costs for this grant program.