Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of EarthScope Consortium under programs of the federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of 2 CFR 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 EarthScope Consortium, it is not intended to and does not present the financial position, changes in net assets, or cashflows of EarthScope Consortium.
De Minimis Rate Used: N
Rate Explanation: The Consortium has not elected the de minimis 10% indirect cost rate recovery option.