Notes to SEFA
Title: FOOD DONATION
Accounting Policies: EXPENDITURES REPORTED ON THE SCHEDULE ARE REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING. SUCH EXPENDITURES ARE RECOGNIZED FOLLOWING THE COST PRINCIPLES CONTAINED IN THE UNIFORM GUIDANCE, WHEREIN CERTAIN TYPES OF EXPENDITURES ARE NOT ALLOWABLE AS TO REIMBURSEMENT
De Minimis Rate Used: N
Rate Explanation: COMMUNITY ACTION PARTNERSHIP OF STRAFFORD COUNTY HAS ELECTED NOT TO USE THE TEN-PERCENT DE MINIMIS INDIRECT COST RATE ALLOWED UNDER THE UNIFORM GUIDANCE
NONMONETARY ASSISTANCE IS REPORTED IN THE SCHEDULE AT THE FAIR VALUE OF THE COMMODITIES RECEIVED AND DISBURSED
Title: SUBRECIPIENTS
Accounting Policies: EXPENDITURES REPORTED ON THE SCHEDULE ARE REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING. SUCH EXPENDITURES ARE RECOGNIZED FOLLOWING THE COST PRINCIPLES CONTAINED IN THE UNIFORM GUIDANCE, WHEREIN CERTAIN TYPES OF EXPENDITURES ARE NOT ALLOWABLE AS TO REIMBURSEMENT
De Minimis Rate Used: N
Rate Explanation: COMMUNITY ACTION PARTNERSHIP OF STRAFFORD COUNTY HAS ELECTED NOT TO USE THE TEN-PERCENT DE MINIMIS INDIRECT COST RATE ALLOWED UNDER THE UNIFORM GUIDANCE
COMMUNITY ACTION PARTNERSHIP OF STRAFFORD COUNTY HAD NO SUBRECIPIENTS FOR THE YEAR ENDED DECEMBER 31, 2023