Notes to SEFA
Accounting Policies: We use accrual basis of accounting. As we are funded by both federal and non-federal agencies, direct costs incurred by a specific program are charged directly to that program. Shared costs are allocated to the various programs responsible for that cost. Allocation methods depend on the type of cost being allocated. Administrative Indirect costs are recorded as its own department. This department represents Executive oversight, Accounting, Human Resources, Quality Assurance and similar functions. Total allowable administrative indirect costs are allocated to all programs usually using the total cost method.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate. We do not have an active and/or approved indirect cost rate agreement with the Federal Government. For the VA Supportive Services for Veteran Families (SSVF) program, we have opted to us the de minimis method in calculating indirect costs.