Notes to SEFA
Accounting Policies: 1) 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 Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
2) Pass-through entity identifying numbers are presented where available.
3) Kids Central, Inc. has elected not to use the 10% de minimus indirect cost rate allowed under Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: Kids Central, Inc. has elected not to use the 10% de minimus indirect cost rate allowed under Uniform Guidance.