Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: accounting. Such revenues and expenditures are recognized following the cost principles contained
in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to
reimbursement.
De Minimis Rate Used: N
Rate Explanation: Anita Moreau has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of federal awards (the “Schedule”) includes federal grant activity of Anita Moreau "Food Program Specialist" (Anita Moreau) under programs of the federal government for the year December 31, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operation of Anita Moreau, it is not intended to and does not present the financial position, changes in net assets or cash flows of Anita Moreau.
Title: COMMITMENT AND CONTINGENCIES
Accounting Policies: accounting. Such revenues and expenditures are recognized following the cost principles contained
in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to
reimbursement.
De Minimis Rate Used: N
Rate Explanation: Anita Moreau has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Federal grants received by the Anita Moreau are subject to review and audit by grantor agencies. Anita Moreau‘s management believes that the results of such audits will not have a material effect on the Schedule.
Title: PASS-THROUGH
Accounting Policies: accounting. Such revenues and expenditures are recognized following the cost principles contained
in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to
reimbursement.
De Minimis Rate Used: N
Rate Explanation: Anita Moreau has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
There were no awards passed through to subrecipients for the year ended December 31, 2023.