Notes to SEFA
Title: CATEGORIZATION OF PROGRAM
Accounting Policies: The accompanying schedule of expenditures of federal awards is prepared on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: National Opinion Research Center (NORC) did not elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
All work performed by NORC that is funded by federal assistance is considered research.