Notes to SEFA
Title: FEDERAL ASSISTANCE LISTINGS NUMBERS
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of American Conservation Experience (ACE), and is presented on the accrual basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: ACE has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The program titles and Federal Assistance Listings numbers were obtained from the federal or passthrough grantor or the 2023 Federal Assistance Listings. When no Federal Assistance Listings
numbers had been assigned to a program, the two digit federal agency identifier and the federal contract number were used. When there was no federal contract number, the two digit federal agency
identifier and the word "unknown" were used.
Title: SUBRECIPIENTS
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of American Conservation Experience (ACE), and is presented on the accrual basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: ACE has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
ACE did not pass any funds onto subrecipients during the year ended December 31, 2023.