Notes to SEFA
Title: Note A
Accounting Policies: The accompanying Schedule of Federal Awards (the schedule) includes the Federal assistance activity of the Organization and is presented on the accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10% de-minimus indirect cost rate.
The accompanying Schedule of Federal Awards (the schedule) includes the Federal assistance activity of the Organization and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Organization's grant through the U.S. Department of State and is in the format in compliance with Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of the Organization, it is not intended to, and it does not, present the financial position, changes in net assets or cash flows of the Organization.
Title: Note B
Accounting Policies: The accompanying Schedule of Federal Awards (the schedule) includes the Federal assistance activity of the Organization and is presented on the accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10% de-minimus indirect cost rate.
a. Expenditures reported on the schedule 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 to reimbursement.
b. Pass-through entity identifying numbers are presented where available.
Title: Note C
Accounting Policies: The accompanying Schedule of Federal Awards (the schedule) includes the Federal assistance activity of the Organization and is presented on the accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10% de-minimus indirect cost rate.
The Organization has elected not to use the 10% de-minimus indirect cost rate allowed under Uniform Guidance.