Notes to SEFA
Title: Federal Assistance Listings Number
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant transactions of Leman Academy of Excellence, Inc. (the Academy) for the year ended June 30, 2023.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).
De Minimis Rate Used: N
Rate Explanation: The School did not elected to use the 10 percent de minimis indirect cost rate as covered in 2 CFR 200.414
The Program titles and Federal Assistance Listings numbers were obtained from the federal or pass-through grantor or the 2023 Federal Assistance Listings. When no Federal Assistance Listing numbrs had been assigned to a program, the two digit federal agency identifier and the federal contract number were used. When there was no federal contract number, the 2-digit federal agency identifier and the word "unknown" were used.
Title: Subrecipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant transactions of Leman Academy of Excellence, Inc. (the Academy) for the year ended June 30, 2023.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).
De Minimis Rate Used: N
Rate Explanation: The School did not elected to use the 10 percent de minimis indirect cost rate as covered in 2 CFR 200.414
The Academy did not pass any funds onto subrecipients during the year ended June 30,2023.