Notes to SEFA
Accounting Policies: Basis of Presentation
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Easter Seals Louisiana, Inc. (the Organization) and is prepared in accordance with the accrual method 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).
Payments to Subrecipients
There were no payments to subrecipients for the year ended June 30, 2024.
De Minimis Rate Used: Y
Rate Explanation: The Organization uses the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.