Notes to SEFA
Accounting Policies: The Montgomery Area Family Violence Program, Inc. follows the accrual basis of accounting in preparing this schedule. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). This method is consistent with the preparation of the Program's financial statements.
De Minimis Rate Used: Y
Rate Explanation: The Program uses the 10% de minimis indirect cost rate.