Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of
Community Action Organization and is presented on the accrual basis of accounting.
The information in this schedule is presented in accordance with the requirements of Title 2 CFR Part
200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal
Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from
amounts presented in, or used in the preparation of, the basic financial statements. Assistance Listing Programs
The program titles and Assistance Listing (“AL”) numbers were obtained from the federal or passthrough
grantor or sam.gov.
De Minimis Rate Used: Y
Rate Explanation: The Organization is using the 10% de minimis indirect cost rate under the Uniform Guidance