Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: The Society has elected not bo use the 10% de mimimis indirect cost rate.
Schedule in accourdance with Title 2 U.S. Code of Federal Regulations.
Title: Summary of Significant Accounting Policies
Accounting Policies: Accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: The Society has elected not bo use the 10% de mimimis indirect cost rate.
Expenditures reported using the accrual basis of accounting.
Title: Indirect Cost Rate
Accounting Policies: Accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: The Society has elected not bo use the 10% de mimimis indirect cost rate.
Election to not use the 10% de mimimis indirect cost rate.
Title: Identifying Number Assigned Bypass-Through Entitites
Accounting Policies: Accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: The Society has elected not bo use the 10% de mimimis indirect cost rate.
Pass through entities do not assign an identifying number to contracts with Society.