Notes to SEFA
Title: (1) GENERAL
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Used indirect cost rate or cost allocation plan approved by Grantor.
The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of federal financial award programs of Legal Aid and Defender Association, Inc. (“LADA”). Federal financial awards passed through other agencies are included on the SEFA. LADA had no subrecipients.
Title: (2) BASIS OF ACCOUNTING
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Used indirect cost rate or cost allocation plan approved by Grantor.
The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting.
Title: (3) TAX-EXEMPT STATUS
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Used indirect cost rate or cost allocation plan approved by Grantor.
LADA is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code.
Title: (4) MAJOR PROGRAMS
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Used indirect cost rate or cost allocation plan approved by Grantor.
The Major program was determined in accordance with Uniform Guidance.