Notes to SEFA
Title: Note A - Basis of Presentation
Accounting Policies: Expenditures are reported on the Schedule of the accurual basis of accounting. Such expenditures are recognized following the cost principles in the Uniform Guidance wherein certain types of expenditures are not allowed or are limited to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Hershey Manor Project does not have indirect costs and therefore has elected to not use the 10-percent deminimus indirect cost rate as allowed under the Uniform Guidance.
The schedule of expenditures of federal awards includes the federal grant and loan activity of Hershey Manor Project No. 074-EH066-WAH-L8, and is presented on the accrual basis ofaccounting. The information in this schedule is presented in accordance with the requirements ofTitle 2 U.S. Part 200, U.S. Code of Federal Regulations (CFR) Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of Hershey Manor Project, it is not intended to and does not present the financial position, changes in net assets,or cash flows of Hershey Manor Project.
Title: Note B - Summary of Significant Accounting Policies
Accounting Policies: Expenditures are reported on the Schedule of the accurual basis of accounting. Such expenditures are recognized following the cost principles in the Uniform Guidance wherein certain types of expenditures are not allowed or are limited to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Hershey Manor Project does not have indirect costs and therefore has elected to not use the 10-percent deminimus indirect cost rate as allowed under the Uniform Guidance.
Expenditures are reported on the Schedule on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance wherein certain types of expenditures are not allowed or are limited as to reimbursement.
Title: Note C - Indirect Cost Rate
Accounting Policies: Expenditures are reported on the Schedule of the accurual basis of accounting. Such expenditures are recognized following the cost principles in the Uniform Guidance wherein certain types of expenditures are not allowed or are limited to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Hershey Manor Project does not have indirect costs and therefore has elected to not use the 10-percent deminimus indirect cost rate as allowed under the Uniform Guidance.
Hershey Manor Project does not have indirect costs and therefore has elected to not use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: Note D - Subrecipients
Accounting Policies: Expenditures are reported on the Schedule of the accurual basis of accounting. Such expenditures are recognized following the cost principles in the Uniform Guidance wherein certain types of expenditures are not allowed or are limited to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Hershey Manor Project does not have indirect costs and therefore has elected to not use the 10-percent deminimus indirect cost rate as allowed under the Uniform Guidance.
There were no awards passed through to subrecipients.