Notes to SEFA
Title: Note to Schedule of Expenditures of Federal Awards
Accounting Policies: The accompany schedule of expenditures of federal and state awards (SEFSA) includes the federal grant activity of Alliance Center for Eduction, Inc. under programs of the federal government for the year end December 31, 2023. The information in this SEFSA is presented in accordance with the requirements of Title 2 US Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
De Minimis Rate Used: N
Rate Explanation: We currently have a negotiated rate with Dept HHS, that is utilized and makes the de minimis cost rate ineligible for our organization.
The accompanying schedule of expenditures of federal and state awards (SEFSA) includes the
federal grant activity of the Alliance Center for Education, Inc. under programs of the federal
government for the year end December 31, 2023. The information in this SEFSA is presented in
accordance with the requirements of Title 2 US Code of Federal Regulations Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
Because the Schedule presents only a selected portion of the operations of Alliance Center for
Education, Inc., it is not intended Federal Awards (Uniform Compliance) to and does not present
the financial position, changes in net assets or cash flows of Alliance Center for Education, Inc.