Notes to SEFA
Accounting Policies: NOTE 1 - BASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of The Refuge Domestic Violence Shelter, Inc. under programs of the federal government for the year ended December 31, 2022, 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 The Refuge Domestic Violence Shelter, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of The Refuge Domestic Violence Shelter, Inc.NOTE 2- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIESExpenditures reported on the Schedule are reported on 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.NOTE 3 - INDIRECT COST RATEThe Refuge Domestic Violence Shelter, Inc. has elected to use the 10% of minimum indirect cost rate as allowed under the Uniform Guidance. The amount expended includes $80,475 claimed as an indirect cost recovery.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.