Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal
grant activity of the Organization under programs of the federal government for the year ended
June 30, 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 not present the financial position, changes in net assets, or cash flows of the
Organization.
De Minimis Rate Used: N
Rate Explanation: The
Organization calculates indirect rates in accordance with the Uniform Guidance and has not elected
to use the 10% de minimis cost rate. Pass-through entity identifying numbers are presented where
available.