Notes to SEFA
Title: NOTE A
Accounting Policies: This schedule is presented on the modified accrual basis of accounting. There are no subrecipients of these funds
De Minimis Rate Used: N
Rate Explanation: The Auditee directly allocates 100 percent of program costs
The accompanying schedule of expenditure of federal awards includes the federal grant activity of the Mental Health America of Northern Kentucky and Southwest Ohio and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of, the basic financial statements.
Title: NOTE B
Accounting Policies: This schedule is presented on the modified accrual basis of accounting. There are no subrecipients of these funds
De Minimis Rate Used: N
Rate Explanation: The Auditee directly allocates 100 percent of program costs
The Organization has elected not to use the 10 percent de minimus indirect cost rate as allowed under the Uniform Guidance.