Notes to SEFA
Accounting Policies: Note 1 - This Schedule of Expenditures of Federal Awards and State Financial Assistance (the Schedule) includes the
Federal and State grant activity of Feeding Florida, Inc. for the year ended June 30, 2024, and is presented on the
accrual basis of accounting. The information in this Schedule is presented in accordance with the requirements of
Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles,
and Audit Requirements for Federal Awards and Chapter 10.650, Rules of the Auditor General.
Note 2 - Amounts included on this Schedule include only the expenditure of Federal Awards and State Financial
Assistance received directly from an awarding agency. The amounts on the accompanying statements of activities and
changes in net assets include additional expenditures associated with other resources committed by the Organization
for purposes of fulfilling the grant program.
De Minimis Rate Used: Y
Rate Explanation: Note 3 - The Organization has elected to use the 10 percent de minimis cost rate allowed under the Uniform Guidance for federal awards.