Notes to SEFA
Accounting Policies: BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal
award activity of Vaccinate Your Family, Inc., under programs of the federal government for
the year ended December 31, 2023. The information in the 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 Vaccinate Your Family, Inc., it
is not intended to and does not present the financial position, changes in net assets, or cash flows
of Vaccinate Your Family, Inc.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
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 Guidance,
Cost Principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable
or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Vaccinate Your Family, Inc., has elected not to use the 10% de minimis indirect cost rate as allowed
under the Uniform Guidance.