Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Accrual basis of accounting, Uniform Guidance
De Minimis Rate Used: N
Rate Explanation: The endity did not use the 10% de minimis cost rate.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Active Aging, Inc., 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 the amounts presented in, or used in, the preparation of the financial statements. Active Aging, Inc. did not use the 10% de minimis indirect cost rate.