Notes to SEFA
Title: Note 2
Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Manna Resource Center under programs of the federal government for the year ended 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 operations of Manna Resource Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Manna Resource Center.
De Minimis Rate Used: N
Rate Explanation: Manna Resource Center has elected not to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance.
Manna Resource Center has elected not to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance.
Title: Note 3
Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Manna Resource Center under programs of the federal government for the year ended 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 operations of Manna Resource Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Manna Resource Center.
De Minimis Rate Used: N
Rate Explanation: Manna Resource Center has elected not to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance.
Of the federal expenditures presented in this schedule, Manna Resource Center provided no federal awards to sub-recipients.
Title: Note 4
Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Manna Resource Center under programs of the federal government for the year ended 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 operations of Manna Resource Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Manna Resource Center.
De Minimis Rate Used: N
Rate Explanation: Manna Resource Center has elected not to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance.
Expenditures reported on the Schedule are reported on the cash basis of accounting. Such 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.