Notes to SEFA
Title: NOTE 1: Schedule of Expenditures of Federal Awards
Accounting Policies: The accompanying schedule of expenditures of federal awards of Sunburst Projects is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance.
De Minimis Rate Used: Y
Rate Explanation: The Organization elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards includes federal grant activity of theOrganization and is presented under the accrual basis of accounting. The May 2023 Edition of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance) requires a disclosure of the financial activities of all federally funded programs. This schedule was prepared to comply with the Uniform Guidance and state requirements. Therefore, some amounts presented in this schedule may differ from amounts used in the preparation of the general-purpose financial statements. The Organization elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. Revenue
Government contracts
$ 1,699,827
Less:
MonkeyPox Services
98,997
Prevention Services
59,179
AIDS Drug Assistance Program
14,151
172,327
Total Federal Grants $ 1,527,500