Notes to SEFA
Accounting Policies: NOTE 2 -SUMMARY OF SIGNIFICANT ACCOUNT POLICIESExpenditures reported on the Schedule are reported on the accrual basis of accounting, which is described in Note 1 to the Organization's financial statements. 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. Pass-through entity identifying numbers are presented where available. Instances where the passthrough entity did not provide an identifying number are designated as n/a.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.