Notes to SEFA
Accounting Policies: Note 1: The Schedule of Expenditures of Federal Awards presents the activity of federalaward programs expended by the Valley Outreach. The Organization'sreporting entity is defined in Note 1 to the basic financial statements.Note 2: The schedule is prepared in accordance with accounting principles generallyaccepted in the United States of America.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.