Title: NOTE 1 – GENERAL
Accounting Policies: NOTE 1 – GENERAL The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal award programs
of the Fresno’s Chaffee Zoo Corporation (the Corporation) for the year ended December 31, 2023. Federal awards
received directly from federal agencies, as well as federal awards passed through other government agencies are included
in the schedule. The information in this 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).
NOTE 2 – BASIS OF ACCOUNTING The accompanying SEFA is presented using the accrual basis of accounting, which is described in Note 2 of the
Corporation’s financial statements.
De Minimis Rate Used: N
Rate Explanation: NOTE 4 – INDIRECT COST RATE
The Corporation has not elected to use the 10‐percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal award programs
of the Fresno’s Chaffee Zoo Corporation (the Corporation) for the year ended December 31, 2023. Federal awards
received directly from federal agencies, as well as federal awards passed through other government agencies are included
in the schedule. The information in this 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).
Title: NOTE 2 – BASIS OF ACCOUNTING
Accounting Policies: NOTE 1 – GENERAL The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal award programs
of the Fresno’s Chaffee Zoo Corporation (the Corporation) for the year ended December 31, 2023. Federal awards
received directly from federal agencies, as well as federal awards passed through other government agencies are included
in the schedule. The information in this 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).
NOTE 2 – BASIS OF ACCOUNTING The accompanying SEFA is presented using the accrual basis of accounting, which is described in Note 2 of the
Corporation’s financial statements.
De Minimis Rate Used: N
Rate Explanation: NOTE 4 – INDIRECT COST RATE
The Corporation has not elected to use the 10‐percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying SEFA is presented using the accrual basis of accounting, which is described in Note 2 of the
Corporation’s financial statements.
Title: NOTE 3 – RELATIONSHIP TO BASIC FINANCIAL STATEMENTS
Accounting Policies: NOTE 1 – GENERAL The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal award programs
of the Fresno’s Chaffee Zoo Corporation (the Corporation) for the year ended December 31, 2023. Federal awards
received directly from federal agencies, as well as federal awards passed through other government agencies are included
in the schedule. The information in this 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).
NOTE 2 – BASIS OF ACCOUNTING The accompanying SEFA is presented using the accrual basis of accounting, which is described in Note 2 of the
Corporation’s financial statements.
De Minimis Rate Used: N
Rate Explanation: NOTE 4 – INDIRECT COST RATE
The Corporation has not elected to use the 10‐percent de minimis indirect cost rate allowed under the Uniform Guidance.
Federal award expenditures agree or can be reconciled with the amounts reported in the Corporation’s financial
statements.
Title: NOTE 4 – INDIRECT COST RATE
Accounting Policies: NOTE 1 – GENERAL The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal award programs
of the Fresno’s Chaffee Zoo Corporation (the Corporation) for the year ended December 31, 2023. Federal awards
received directly from federal agencies, as well as federal awards passed through other government agencies are included
in the schedule. The information in this 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).
NOTE 2 – BASIS OF ACCOUNTING The accompanying SEFA is presented using the accrual basis of accounting, which is described in Note 2 of the
Corporation’s financial statements.
De Minimis Rate Used: N
Rate Explanation: NOTE 4 – INDIRECT COST RATE
The Corporation has not elected to use the 10‐percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Corporation has not elected to use the 10‐percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: NOTE 5 – PASS‐THROUGH ENTITY IDENTIFYING NUMBER
Accounting Policies: NOTE 1 – GENERAL The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal award programs
of the Fresno’s Chaffee Zoo Corporation (the Corporation) for the year ended December 31, 2023. Federal awards
received directly from federal agencies, as well as federal awards passed through other government agencies are included
in the schedule. The information in this 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).
NOTE 2 – BASIS OF ACCOUNTING The accompanying SEFA is presented using the accrual basis of accounting, which is described in Note 2 of the
Corporation’s financial statements.
De Minimis Rate Used: N
Rate Explanation: NOTE 4 – INDIRECT COST RATE
The Corporation has not elected to use the 10‐percent de minimis indirect cost rate allowed under the Uniform Guidance.
The SEFA will reflect an identifying number for federal awards received from a pass‐through entity. An identifying number
will not be reflected when the Corporation determines no identifying number has been assigned for the program or the
Corporation was unable to obtain from the pass‐through entity. The Corporation received no pass‐through federal awards
for the year ended December 31, 2023.