Notes to SEFA
Title: NOTE 2 - NON-CASH ASSISTANCE
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity of The Salvation Army of Greater St. Louis (the Army) for the year ended September 30, 2024 and is presented on the accrual basis of accounting. The information in the 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). Therefore, some amounts presented in the schedule may differ from amounts presented in or used in the preparation of the basic consolidated financial statements.
De Minimis Rate Used: N
Rate Explanation: NOTE 3 - INDIRECT COST RATE The Army has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The Army received non-cash assistance during the year ended September 30, 2024, at no cost, in the form of food provided to the Army by The St. Louis Area Food Bank, passed through from the U.S. Department of Agriculture. Total expenditures under Assistance Listing Numbers 10.565 and 10.569 represent non-cash assistance.