Notes to SEFA
Title: NOTE 3 - SUBRECIPIENTS, NONCASH ASSISTANCE AND FEDERAL INSURANCE
Accounting Policies: NOTE 1 - BASIS OF PRESENTATIONThe accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of the Organization under programs of the federal government for the year ended December 31, 2022. The information in the Schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Although the Organization is required to match certain grants, as defined by the grants, no such matching has been included as expenditures in the Schedule.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The Organization did not provide any federal funds to subrecipients nor did they receive any federal noncash assistance or insurance.