Notes to SEFA
Title: Note A. BASIS OF PRESENTATION
Accounting Policies: Note B. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on this 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: N
Rate Explanation: The Organization has elected not to use the de minimis cost rate as allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards includes the Federal grant activity of Maui
Family Support Services, Inc. under programs of the Federal government for the year ended June 30, 2023.
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 (Uniform Guidance). Because the Schedule presents only a selected
portion of the operations of Maui Family Support Services, Inc., it is not intended to and does not present
the financial position, changes in net assets, or cash flows of Maui Family Support Services, Inc.
Title: Note B. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Note B. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on this 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: N
Rate Explanation: The Organization has elected not to use the de minimis cost rate as allowed under the Uniform Guidance.
Basis of Accounting: Expenditures reported on this 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.
Matching Requirements: Certain Federal Programs require non-Federal cost share to support the Federallyfunded
programs. The Organization has met the matching requirements. The Schedule does not include the
expenditure of non-Federal matching funds.
Title: Note C. INDIRECT COST RATE
Accounting Policies: Note B. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on this 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: N
Rate Explanation: The Organization has elected not to use the de minimis cost rate as allowed under the Uniform Guidance.
The Organization has elected not to use the de minimis cost rate as allowed under the Uniform Guidance.
Title: Note D. SUBRECIPIENT PASS THROUGH AWARDS
Accounting Policies: Note B. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Expenditures reported on this 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: N
Rate Explanation: The Organization has elected not to use the de minimis cost rate as allowed under the Uniform Guidance.
No federal awards were passed through to subrecipients.