Notes to SEFA
Title: Note to Schedule of Expenditures of Federal Awards
Accounting Policies: The accompanying Schedule of Federal Awards includes the Federal grant activity of Chatfield Senior Housing, Inc. and is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Chatfield Senior Housing, Inc. has not charged indirect costs to any federal programs. Therefore the election of the de minimis indirect cost rate is not applicable as allowed under the Uniform Guidance.
The accompanying Schedule of Federal Awards includes the Federal grant activity of Chatfield Senior Housing, Inc. and is presented on the accrual basis of accounting. Chatfield Senior Housing, Inc. has not charged indirect costs to any federal programs. Therefore the election of the de minimis indirect cost rate is not applicable as allowed under the Uniform Guidance.