Notes to SEFA
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following, as applicable, either the cost principles contained in the
Uniform Guidance or OMB Circular A-122, Cost Principles for Non-Profit Organizations,
wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Justice Education Center, Inc. has elected not to use the 10 percent de minimis indirect rate
as allowed under the Uniform Guidance.