Notes to SEFA
Title: Pass Through Identifying Numbers (already updated)
Accounting Policies: The accompanying consolidated schedule of expenditures of federal awards (Schedule) includes the federal
grant activity of Asian Services In Action, Inc. and Subsidiaries (Organization) under programs of the federal
government for the year ended June 30, 2024. The information in this Schedule is presented in accordance with
the requirements of Title 2 U.S. Code of Federal Regulation 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 the Organization, it is not intended to and does not present the financial
position, changes in net assets, or cash flows of the Organization.
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. No federal financial assistance has been
provided to a subrecipient.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform
Guidance.
Certain pass through identifying numbers were not provided to the Organization and as such, are not included
on the Schedule.