Notes to SEFA
Title: Basis of presentation
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes all Federal grants extended to ACOR, which had activity during the year ended December 31, 2023. This schedule has been prepared using the accrual basis of accounting and in accordance with the U.S. Generally Accepted Accounting Principles.
De Minimis Rate Used: Y
Rate Explanation: ACOR used the de minimis rate at as per the following:
8% of US Department of Education, program number P274A200007.
10% of US Department of State, program number SNEAAC22GR0052 and
SJO10021GR3003.
10% of National Endowment for the Humanities-Research Grants (NEH)- Promotion of
the Humanities-research, program number RZ-279826-21.
10% National Endowment for the Humanities - Long-Term Research Fellowships in
Jordan at the American Center of Research - RA-290666-23.
The accompanying Schedule of Expenditures of Federal Awards includes the Federal awards activities of the American Center of Research (ACOR) for the year ended December 31, 2023.
Title: Basis of accounting
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes all Federal grants extended to ACOR, which had activity during the year ended December 31, 2023. This schedule has been prepared using the accrual basis of accounting and in accordance with the U.S. Generally Accepted Accounting Principles.
De Minimis Rate Used: Y
Rate Explanation: ACOR used the de minimis rate at as per the following:
8% of US Department of Education, program number P274A200007.
10% of US Department of State, program number SNEAAC22GR0052 and
SJO10021GR3003.
10% of National Endowment for the Humanities-Research Grants (NEH)- Promotion of
the Humanities-research, program number RZ-279826-21.
10% National Endowment for the Humanities - Long-Term Research Fellowships in
Jordan at the American Center of Research - RA-290666-23.
The accompanying Schedule of Expenditures of Federal Awards includes all Federal grants extended to ACOR, which had activity during the year ended December 31, 2023. This schedule has been prepared using the accrual basis of accounting and in accordance with the U.S. Generally Accepted Accounting Principles.
Title: De-minimis indirect cost rate
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes all Federal grants extended to ACOR, which had activity during the year ended December 31, 2023. This schedule has been prepared using the accrual basis of accounting and in accordance with the U.S. Generally Accepted Accounting Principles.
De Minimis Rate Used: Y
Rate Explanation: ACOR used the de minimis rate at as per the following:
8% of US Department of Education, program number P274A200007.
10% of US Department of State, program number SNEAAC22GR0052 and
SJO10021GR3003.
10% of National Endowment for the Humanities-Research Grants (NEH)- Promotion of
the Humanities-research, program number RZ-279826-21.
10% National Endowment for the Humanities - Long-Term Research Fellowships in
Jordan at the American Center of Research - RA-290666-23.
ACOR used the de minimis rate at as per the following: 8% of US Department of Education, program number P274A200007. 10% of US Department of State, program number SNEAAC22GR0052 and SJO10021GR3003. 10% of National Endowment for the Humanities-Research Grants (NEH)- Promotion of the Humanities-research, program number RZ-279826-21. 10% National Endowment for the Humanities - Long-Term Research Fellowships in Jordan at the American Center of Research - RA-290666-23