Notes to SEFA
Title: General
Accounting Policies: Accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: No indirect cost rate was used.
States the reporting entity (Moviemiento para el Alcance de Vida Independiente) and its accrual basis of accounting. Also clarifies that schedule is presented in accordance with the Uniform Guidance.
Title: Relationship to the Basic Financial Statements
Accounting Policies: Accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: No indirect cost rate was used.
Demostrates the reconciliation of the expenses in the financial statement vs expenditures in the Schedule of Expenditures. Expenses in the Financial statements were $2,2294,797. Depreciation expenses ($20,500), in kind costs ($129,901) and non federal expenses ($593,433) were subtracted to obtain the total federal expenditures.
Title: Federal CFDA Number
Accounting Policies: Accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: No indirect cost rate was used.
CFDA number was determined on the program name, review of grant contract information and OMB's Catalog of Federal Domestic Assistance
Title: In Kind and Other Contributions
Accounting Policies: Accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: No indirect cost rate was used.
Establishes the value of the in kind provided for rent ($92,865), services ($5930) and supplies and equipment ($31,106).
Title: Indirect Cost
Accounting Policies: Accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: No indirect cost rate was used.
Establishes that the entity did not use the 10% minimum indirect cost rate