Notes to SEFA
Accounting Policies: (1) 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 wherein certain types of expenditures are not allowable or are limited as to
reimbursement.
(2) Alameda Point Collaborative, Inc. has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform
Guidance.
De Minimis Rate Used: N
Rate Explanation: Entity did not elect to use de minis indirect cost rate