Notes to SEFA
Title: Note 2
Accounting Policies: The Schedule of Expenditures of Federal Awards has been prepared on the accrual basis of accounting. Revenues were adjusted to balance the expenditures incurred for each project.
De Minimis Rate Used: N
Rate Explanation: The Organization does not have a negotiated indirect cost rate and has elected to not use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
An extensive compliance test, as required by the Uniform Guidance, was performed on the Head Start Program, which represents 93% of the total expenditures reflected on the Schedule of Expenditures of Federal Awards. The Head Start Program exceeded $1,074,433, and, therefore, represents the only program to which the specific comlpiance requirements must be applied.
Title: In-Kind Contribution and Local Match for the Head Start Program
Accounting Policies: The Schedule of Expenditures of Federal Awards has been prepared on the accrual basis of accounting. Revenues were adjusted to balance the expenditures incurred for each project.
De Minimis Rate Used: N
Rate Explanation: The Organization does not have a negotiated indirect cost rate and has elected to not use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The U.S. Department of Health and Human Services require a 20% nonfederal match, which can be comprised of in-kind contributions, local funds, or other grants. The required match for 2023 amounted to $1,250,291. The following is a summary of in-kind contributions and lcoal match funds received in 2023: Other Grants $1,250,291.
Title: Passed Through Subrecipients
Accounting Policies: The Schedule of Expenditures of Federal Awards has been prepared on the accrual basis of accounting. Revenues were adjusted to balance the expenditures incurred for each project.
De Minimis Rate Used: N
Rate Explanation: The Organization does not have a negotiated indirect cost rate and has elected to not use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
No awards were passed-through to subrecipients.