Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Jewish Family Services (JFS) under programs of the federal government for the year ended June 30, 2023 in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) 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 JFS, it is not intended to and does not present the financial position, changes in net assets, or cash flows of JFS.
The accompanying schedule of expenditures of federal awards is presented on the accrual basis of accounting. Expenditures reported are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: JFS has elected not to use the 10 percent de minimus indirect cost rate as allowed under Uniform Guidance.