Notes to SEFA
Title: Note 1
Accounting Policies: The SEFA is reported under the accrual basis of accounting and expenditures are recognized following the cost principles contained in the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Organization elected not to use the 10% de minimis indirect cost rate.
This accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awards activity of Disability Rights Arkansas (DRA) under programs of the federal government for the year ended September 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, O25(the Uniform Guidance). Because the schedule presents only a selected portion of the operations of DRA, it is not intended to and does not present the financial position, changes in net assets, or cash flows of DRA.
Title: Note 2
Accounting Policies: The SEFA is reported under the accrual basis of accounting and expenditures are recognized following the cost principles contained in the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Organization elected not to use the 10% de minimis indirect cost rate.
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: Note3
Accounting Policies: The SEFA is reported under the accrual basis of accounting and expenditures are recognized following the cost principles contained in the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Organization elected not to use the 10% de minimis indirect cost rate.
The Organization has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.