Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures on the Schedule are presented on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in 2 U.S. Code of Federal
Regulations Part 200 Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: n/a
The accompanying schedule of expenditures of Federal awards (the “Schedule”) presents the
federal grant activities of Health Outreach for the Middle East (the “Organization”) for the
period September 20, 2021, through March 31, 2024. 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). Because the Schedule presents only a selected portion
of the operations of the Organization, it is not intended to and does present the financial
position or changes in net assets of the Organization.
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Expenditures on the Schedule are presented on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in 2 U.S. Code of Federal
Regulations Part 200 Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: n/a
Expenditures on the Schedule are presented on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in 2 U.S. Code of Federal
Regulations Part 200 Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance).
Title: INDIRECT COST RATE
Accounting Policies: Expenditures on the Schedule are presented on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in 2 U.S. Code of Federal
Regulations Part 200 Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: n/a
The Organization has elected not to use the 10% de minimis indirect cost rate allowed under
uniform guidance.
Title: CONTINGENCIES
Accounting Policies: Expenditures on the Schedule are presented on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in 2 U.S. Code of Federal
Regulations Part 200 Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: n/a
The Organization’s federal program is subject to review and audit by grantor agencies.
Consequently, the Organization may become liable to refund money to grantor agencies where
it fails to comply with contractual provisions. The Organization’s management believes that
the results of such reviews and audits will not have a material effect on the amounts reported
in the Schedule.