Notes to SEFA
Title: Basis of Presentation
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.
De Minimis Rate Used: Y
Rate Explanation: United Jewish Organizations of Williamsburg, Inc. has elected to use the 10-
percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (“the Schedule”)
includes the federal grant activity of United Jewish Organizations of
Williamsburg, Inc. under programs of the federal government for the year ended
June 30, 2024. The information in this schedule is presented in accordance with
the requirement of Title 2 U.S. Code of Federal Regulations Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for
Federal Awards (Uniform Guidance). Because the schedule presents only a
selected portion of the operations of United Jewish Organizations of
Williamsburg, Inc., it is not intended to and does not present the financial
position, changes in net assets or cash flows of United Jewish Organizations of
Williamsburg, Inc.