Notes to SEFA
Title: Reconciliation to Statement of Activities in Financial Statements
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 2 CFR Part 230, Costs Principles for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: Alpha Home has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Total Expenditures of Federal Awards $1,724,796
Other Contract Services and Insurance Providers 556,367
Total Program Fees and Contracts from Government Agencies $2,281,163