Notes to SEFA
Title: Note 1: Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the 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: The Sexual Assault/Spouse Abuse Resource Center, Inc. has elected not to use the ten percent (10%) de
minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award
activity of The Sexual Assault/Spouse Abuse Resource Center, Inc. under programs of the federal
government for the year ended June 30, 2023. The information in the 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). Because the Schedule presents only a selected portion of the operations of The Sexual
Assault/Spouse Abuse Resource Center, Inc., it is not intended to and does not present the financial
position, changes in net assets, or cash flows of The Sexual Assault/Spouse Abuse Resource Center,
Inc.
Title: Note 2: Summary of Significant Accounting Policies
Accounting Policies: Expenditures reported on the Schedule are reported on the 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: The Sexual Assault/Spouse Abuse Resource Center, Inc. has elected not to use the ten percent (10%) de
minimis indirect cost rate allowed under the Uniform Guidance.
Expenditures reported on the Schedule are reported on the 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.
Title: Note 3: Indirect Cost Rate
Accounting Policies: Expenditures reported on the Schedule are reported on the 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: The Sexual Assault/Spouse Abuse Resource Center, Inc. has elected not to use the ten percent (10%) de
minimis indirect cost rate allowed under the Uniform Guidance.
The Sexual Assault/Spouse Abuse Resource Center, Inc. has elected not to use the ten percent (10%) de
minimis indirect cost rate allowed under the Uniform Guidance.