Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Bricolage and is presented on the accrual basis of accounting. 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).
De Minimis Rate Used: N
Rate Explanation: Bricolage has elected not to use the 10 percent de minimis cost rate. During the year ended June 30, 2023, Bricolage utilized preapproved indirect cost rates as provided by its pass-through agency, the Lousiana Department of Education, for certain federal grant awards.