Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Include notes that describe that significant accounting policies used in preparing the schedule, and note whether or not the auditee elected to use the 10% de minimis cost rate.
De Minimis Rate Used: N
Rate Explanation: N/A
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Our Little Helpers, Inc. under programs of the federal government for the year ended December 31, 2023 and 2022. The information in these schedules is presented in accordance with the requirements of Uniform Guidance, 2 CFR Part 200, Subpart F. Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the organization.