Notes to SEFA
Accounting Policies: NOTE A Basis of PresentationThe accompanying Schedule of Expenditures of Federal Awards (Schedule) includes thefederal award activity of Whole Child International under programs of the federal governmentfor the year ended December 31, 2022. The information in the Schedule is presented inaccordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200,Uniform Administrative Requirements, Cost Principles, and Audit Requirements for FederalAwards (Uniform Guidance). Because the Schedule presents only a selected portion of theoperations of Whole Child International, it is not intended to, and does not, present thefinancial position, changes in net assets, or cash flows of Whole Child International.NOTE B Summary of Significant Accounting PoliciesExpenditures reported on the Schedule are reported on the accrual basis of accounting. Suchexpenditures are recognized following cost principles contained in the Uniform Guidance,wherein certain types of expenditures are not allowable or are limited as to reimbursement.NOTE C Indirect Cost RateThe Organization has elected to use the 10% de minimis indirect cost rate as allowed under theUniform Guidance.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.