Notes to SEFA
Accounting Policies: The accompanying schedules of expenditures of federal and state awards (the Schedules) include the federal and state grant activity of the Organization and are presented on the accrual basis of accounting. The information in these Schedules 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 and New Jersey Office of Management and Budget Circular Letter 15-08. Therefore, some amounts presented in these Schedules may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization did not elect to use the de minimis cost rate when allocating indirect costs to federal and state programs with the exception of the legal service grants from the New Jersey Department of Community Affairs and the Ryan White Part B grant from the Department of Health and Human Services. The Organization did use the de minimis cost rate when allocating indirect costs to these grants.