Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis ofaccounting. Such expenditures are recognized following the cost principlescontained in the Uniform Guidance, wherein certain types of expenditures are notallowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule)includes the federal grant activity of Rape, Abuse & Incest National Network(RAINN) under programs of the federal government for the year ended May 31,2022. The information in this Schedule is presented in accordance with therequirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements forFederal Awards (Uniform Guidance). Because the Schedule presents only aselected portion of the operations of Rape, Abuse & Incest National Network(RAINN), it is not intended to and does not present the financial position, changesin net assets, or cash flows of Rape, Abuse & Incest National Network (RAINN).