Notes to SEFA
Title: Sub-recipients
Accounting Policies: The accompanying schedule of expenditures of federal awards presents the activity of all federal awards programs of Independent Living, Inc. (ILI) under programs of the federal government for the year ended December 31, 2022. Federal awards received directly from federal agencies, as well as federal awards passed through other government agencies, are included in the schedule. 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 ILI, it is not intended to and does not present the financial position, change in net assets, or cash flows of ILI. The accompanying schedule of expenditures of federal awards is presented using 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.
De Minimis Rate Used: N
Rate Explanation: ILI has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
ILI provided no federal awards to sub-recipients.