Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures resport on the SEFA are reported on the accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: Food Outreach has elected to use the 10% de minimis cost rate allocation
The SEFA includes the federal grant activity of Food Outreach, Inc. under programs of the federal government for the year ended December 31, 2024. The information in this schedule is presented in accordance with requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.