Notes to SEFA
Accounting Policies: The accompanying schedule presents the expenditures incurred (and related awards received) by House of Ruth, Inc.,
that are reimbursable under federal programs of federal agencies providing financial assistance. For the purposes of
this schedule, only the portions of program expenditures reimbursable with such federal funds are reported in the
accompanying schedule. Program expenditures in excess of the maximum federal reimbursement authorized or the
portion of the program expenditures that were funded with local or other nonfederal funds are excluded from the
accompanying schedule. The accompanying schedule of expenditures of federal awards includes the federal grant activity of House of Ruth, Inc.,
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: House of Ruth, Inc., has not elected to use the 10% de minimis cost rate.