Notes to SEFA
Title: Subrecipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of the Center and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Center did not elect to use the de minimis rate of 10 percent for the year ended February 29, 2024.
The Center did not provide federal awards to subrecipients during the year ended February 29, 2024.
Title: Decription of Major Federal Program
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of the Center and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Center did not elect to use the de minimis rate of 10 percent for the year ended February 29, 2024.
The major federal program of the Center is the U.S. Department of Health and Human Services – Head Start (93.600).
The purpose of the Head Start program is to promote school readiness by enhancing the social and cognitive development of low-income children, including children on federally recognized reservations and children of migratory farm works, through the provision of comprehensive health, educational, nutritional, social and other services; and to involve parents in their children d their educational, literacy and employment goals. Head Start also emphasizes the significant involvement of parents in the administration of their local Head Start programs.
Title: NON-CASH ASSISTANCE, LOANS OUTSTANDING AND INSURANCE
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of the Center and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Center did not elect to use the de minimis rate of 10 percent for the year ended February 29, 2024.
The Center did not receive any federal non-cash assistance, federal loans or federal insurance for the year ended February 29, 2024.