Notes to SEFA
Title: Other Expenditures
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Northwest Kansas Area Agency on Aging, Inc., and is presented on the budgetary basis of accounting, which is a comprehensive basis of accounting other than generally accepted accounting principles. 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).
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Agency received noncash assistance in the form of food commodities with a fair market value of $21,607 for the year ended September 30, 2022. The Agencys expenditures in relation to the noncash assistance equaled $21,607.