Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards included the federal grant activity of the Good Samaritan Shelter and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the audit requirements of Title 2 U.S. Code of the Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. The Organization has not elected to use the ten percent de minimum cost rate as covered in Section 200.414 Indirect (F&A) cost of the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Good Samaritan Shelter did not elect to use the 10% de minimus indirect cost rate.