Notes to SEFA
Title: Note 3
Accounting Policies: The Schedule of Expenditures of Federal Awards Cash Basis includes federal grant activity of Compass Center for Families and is presented on the cash basis of accounting and represents federal expenditures that have been requested for reimbursement. The information in this schedule is presented in accordance with the audit 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements. Use charges for vehicles are recorded as federal fund expenditures consistent with prior years.
De Minimis Rate Used: N
Rate Explanation: The Organization does not use a 10% de minimus indirect cost rate.
There were no awards passed down to subrecipients.