Notes to SEFA
Title: Note to the Schedule of Expenditures of Federal Awards
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of
George Galen Wheeler House, Inc. and is presented on the accrual basis of accounting. The
information in the 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 . Therefore, some amounts presented in the Schedule may
differ from amounts presented in, or used in the preparation of the basic financial statements. The
Section 811 program amount is reported as a capital advance for the duration of the
compliance period.
De Minimis Rate Used: Y
Rate Explanation: The Auditee did use the de minimis rate.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of
George Galen Wheeler House, Inc. and is presented on the accrual basis of accounting. The
information in the 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 . Therefore, some amounts presented in the Schedule
may differ from amounts presented in, or used in the preparation of the basic financial statements.
The Section 811 program amount is reported as a capital advance for the duration of the
compliance period.
Title: Capital Advance
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of
George Galen Wheeler House, Inc. and is presented on the accrual basis of accounting. The
information in the 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 . Therefore, some amounts presented in the Schedule may
differ from amounts presented in, or used in the preparation of the basic financial statements. The
Section 811 program amount is reported as a capital advance for the duration of the
compliance period.
De Minimis Rate Used: Y
Rate Explanation: The Auditee did use the de minimis rate.
The balance of the capital advance was $724,300 as of June 30, 2022