Notes to SEFA
Accounting Policies: BASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards (the schedule), includes the federalaward activity of the Organization under programs of the federal government for the year endedDecember 31, 2022. The information in this schedule is presented in accordance with the requirementsof Title 2 US Code of Federal Regulations Part 200, Uniform Administrative Requirements, CostPrinciples, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedulepresents only a selected portion of the operations of the Organization, it is not intended to and doesnot present the financial position, changes in net assets, or cash flows of the Organization.SUMMARY OF SIGNIFICANT POLICIESSuch expenditures are recognized following, as applicable, the cost principles contained in the UniformGuidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. TheOrganization elected to use the 10% de minimis indirect cost rate. Pass-through entity identifying numbersare presented where available.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.