Notes to SEFA
Title: NOTE A - BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: Re:wild has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance for the followong grants: Latin American and Caribbean Regional (USFWS), Great Apes Conservation Fund (USFWS), and Foreign Assistance for Programs Overseas (USAID).
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Re:wild 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 Re:wild, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Re:wild.
Title: NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: Re:wild has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance for the followong grants: Latin American and Caribbean Regional (USFWS), Great Apes Conservation Fund (USFWS), and Foreign Assistance for Programs Overseas (USAID).
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: NOTE C - INDIRECT COST RATES
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: Re:wild has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance for the followong grants: Latin American and Caribbean Regional (USFWS), Great Apes Conservation Fund (USFWS), and Foreign Assistance for Programs Overseas (USAID).
Re:wild has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance for the followong grants: Latin American and Caribbean Regional (USFWS), Great Apes Conservation Fund (USFWS), and Foreign Assistance for Programs Overseas (USAID).