Notes to SEFA
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards and State Financial Assistance includes thefederal and state grant activity of Kids Central, Inc. and Subsidiaries (the Corporation) and is presented onthe accrual basis of accounting. The information in this schedule is presented in accordance with therequirements of the Uniform Guidance, Audits of States, Local Governments, and Non-ProfitOrganizations; and Chapter 10.650, Rules of the Auditor General. Therefore, some amounts presented inthis schedule may differ from amounts presented in, or used in the preparation of, the financialstatements
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.