Notes to SEFA
Accounting Policies: Note 1: Basis of Presentation: The schedule of expenditures of federal awards summarizes the activity of Wo/Men's Resource and Rape Assistance Program under the federal award program for the year ended June 30, 2024, and is presented on the accrual basis of accounting. Note 2: Summary of Significant 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. The Wo/Men's Resource and Rape Assistance Program has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: Note 1: Basis of Presentation: The schedule of expenditures of federal awards summarizes the activity of Wo/Men's Resource and Rape Assistance Program under the federal award program for the year ended June 30, 2024, and is presented on the accrual basis of accounting. Note 2: Summary of Significant 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. The Wo/Men's Resource and Rape Assistance Program has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.