Notes to SEFA
Accounting Policies: The Schedule of Expenditures of Federal and State Awards presents the activity of all applicable federal and state awards programs of PILLAR. The Organization's reporting entity is defined in Note 1 of the basic financial statements. Federal and state awards received directly from federal and state agencies, as well as awards passed through other government agencies, are included on the Schedule of Expenditures of Federal and State Awards. The Schedule of Expenditures of Federal and State Awards is presented using U.S. Generally Acceptance Accounting Principles (U.S. GAAP) as the basis of accounting. U.S. GAAP is described in Note 2 of the basic financial statements. The information in this schedule is presented in accordance with the requirements of Uniform Guidance, Audits of States, Local Governments, and Nonprofit Organizations. Therefore, some of the amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.