Notes to SEFA
Title: NOTE 1 - BASIS OF PRESENTATION
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant
activity of Washington State Community Action Partnership under programs of the federal government for
the year ended September 30, 2023. The information is this schedule is presented in accordance with the
requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements,
Costs Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule
presents only a selected portion of the operations of Washington State Community Action Partnership, it is
not intended to and does not present the financial position, changes in net assets or cash flows of
Washington State Community Action Partnership.
De Minimis Rate Used: N
Rate Explanation: Washington State Community Action Partnership has elected not to use the 10% de minimis indrect cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant
activity of Washington State Community Action Partnership under programs of the federal government for
the year ended September 30, 2023. The information is this schedule is presented in accordance with the
requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements,
Costs Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule
presents only a selected portion of the operations of Washington State Community Action Partnership, it is
not intended to and does not present the financial position, changes in net assets or cash flows of
Washington State Community Action Partnership.
Title: NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant
activity of Washington State Community Action Partnership under programs of the federal government for
the year ended September 30, 2023. The information is this schedule is presented in accordance with the
requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements,
Costs Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule
presents only a selected portion of the operations of Washington State Community Action Partnership, it is
not intended to and does not present the financial position, changes in net assets or cash flows of
Washington State Community Action Partnership.
De Minimis Rate Used: N
Rate Explanation: Washington State Community Action Partnership has elected not to use the 10% de minimis indrect cost rate as allowed under the Uniform Guidance.
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 limited as to reimbursement.
Pass-through entity identifying numbers are presented where available.
Title: NOTE 3 – DE-MINIMIS COST RATE
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant
activity of Washington State Community Action Partnership under programs of the federal government for
the year ended September 30, 2023. The information is this schedule is presented in accordance with the
requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements,
Costs Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule
presents only a selected portion of the operations of Washington State Community Action Partnership, it is
not intended to and does not present the financial position, changes in net assets or cash flows of
Washington State Community Action Partnership.
De Minimis Rate Used: N
Rate Explanation: Washington State Community Action Partnership has elected not to use the 10% de minimis indrect cost rate as allowed under the Uniform Guidance.
Washington State Community Action Partnership did not use the 10% de-minimis cost rate.