Notes to SEFA
Title: NOTE A - REPORTING ENTITY
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, the cost principles contain in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Pathways, Inc. has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The combined financial statements of Pathways, Inc. and Affiliate consist of two entities as discussed in Note (1) to the consolidated financial statements. The Schedule of Expenditures of Federal Awards (the "Schedule") presneted on the previous page only includes the activity of Pathways, Inc. due to the fact that the affiliated entity does not receive or expend federal awards.