Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditure reported on the SEFA are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principal 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 auditee did not use the de minimis cost rate.
The accompanying schedule of expenditures of federal awards (SEFA) includes the federal
award activity of All Rise for Justice under programs of the federal government for the year
ended December 31, 2023. The information on the SEFA 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 SEFA presents only a selected portion of the operations of All Rise
for Justice, it is not intended to and does not present the financial position, changes in net
assets, or cash flows of All Rise for Justice.
Title: Basis of Accounting
Accounting Policies: Expenditure reported on the SEFA are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principal 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 auditee did not use the de minimis cost rate.
Expenditures reported on the SEFA 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: Indirect Cost Rate
Accounting Policies: Expenditure reported on the SEFA are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principal 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 auditee did not use the de minimis cost rate.
All Rise for Justice has elected not to use the 10% de minimis indirect cost rate as allowed
under Uniform Guidance.