Notes to SEFA
Title: SCHOOL-WIDE PROGRAMS
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Sussex Montessori School, Inc., 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, Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. 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: The School has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The following federal programs are considered school-wide programs. These programs are combined for the major program determination and audit testing. 84.367A Supporting Effective Instruction State Grants, Title II, Part A, 84.010 Title I Grants to Local Educational Agencies, 84.424 Student Support and Academic Enrichment Program. The following COVID-19 related federal programs are combined for the major program determination and audit testing. 84.425U COVID-19 - Elementary and Secondary School Emergency Relief Fund.