Notes to SEFA
Title: Schedule of Expenditures of Federal Awards
Accounting Policies: This schedule includes the federal award activity of the Organization under programs of the federal government for the year ended June 30, 2022. 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). Expenditures reported on this schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Organization did not elect to use the de minimis cost rate.
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS Purpose of Schedule Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) requires a
disclosure of the financial activities of all federally funded programs. This schedule was prepared to comply with the Uniform Guidance and state requirements. Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards includes the federal grants activity of the Organization and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements the Uniform Guidance, Audits of States, Local Governments, and Non‐Profit Organizations. Indirect Cost Rate The Organization did not elect to use the 10% de minimis method for indirect costs.