Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures are recognized following the cost principles contained in the Uniform Guidance. Under
these principles, 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 10-percent de minimis indirect cost rate allowed under the
Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of
the Organization and is presented on the accrual basis of accounting. Therefore, some amounts
presented in this schedule may differ from amounts presented in, or used in the preparation of, the
basic financial statements.
Title: Summary of Significant Accounting Policies
Accounting Policies: Expenditures are recognized following the cost principles contained in the Uniform Guidance. Under
these principles, 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 10-percent de minimis indirect cost rate allowed under the
Uniform Guidance.
Expenditures are recognized following the cost principles contained in the Uniform Guidance. Under
these principles, certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Indirect Cost Rate
Accounting Policies: Expenditures are recognized following the cost principles contained in the Uniform Guidance. Under
these principles, 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 10-percent de minimis indirect cost rate allowed under the
Uniform Guidance.
The Organization has elected not to use the 10-percent de minimis indirect cost rate allowed under the
Uniform Guidance.
Title: Subrecipients
Accounting Policies: Expenditures are recognized following the cost principles contained in the Uniform Guidance. Under
these principles, 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 10-percent de minimis indirect cost rate allowed under the
Uniform Guidance.
Of the federal expenditures presented in the schedule, the Organization has not provided any federal
awards to subrecipients.