Notes to SEFA
Accounting Policies: This schedule includes the federal awards activity of the Organization and is presented on the
accrual basis of accounting. 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).
Therefore, some amounts presented in this schedule may differ from amounts presented in, or used
in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected to not use the 10 % de minimus indirect cost rate to charge costs to
their federal awards.