Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of Access to Independence, Inc. and is reported on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance and State Single Audit Guidelines. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has an approved indirect cost rate of 30.4% available to programs.