Notes to SEFA
Accounting Policies: Expenditures reported in the Schedule are reported on the accrual basis of accounting, which is
consistent with generally accepted accounting principles. 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. Award identifying numbers are
presented where available.
De Minimis Rate Used: Y
Rate Explanation: The Organization has elected to use the de minimis indirect cost rate to recover indirect costs, as allowed under the Uniform Guidance.