Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) Sub part E, Cost Principles, wherein certain types of expenditures are not allowable or are limited. Pass-through entity identifying numbers are presented where available. The Organization elected to use the 10% de minimis indirect cost rate as allowed in the Uniform Guidance, section 414.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The schedule of expenditures of federal and state awards (the Schedule) includes the grant activity of Women in Need of Generous Support under programs of the federal government for the year ended June 30, 2022. The information in this Schedule is presented in accordance with the requirements of the Uniform Guidance.