Notes to SEFA
Title: NOTE 1 – GENERAL
Accounting Policies: The accompanying SEFA is presented using the accrual basis of accounting, which is described in Note 2 of the Organization’s financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal award programs
of the Catholic Charities of the Diocese of Fresno (the Organization). Federal awards received directly from federal
agencies, as well as federal awards passed through other government agencies are included in the schedule. The
information in this SEFA 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).
Title: NOTE 2 – BASIS OF ACCOUNTING
Accounting Policies: The accompanying SEFA is presented using the accrual basis of accounting, which is described in Note 2 of the Organization’s financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying SEFA is presented using the accrual basis of accounting, which is described in Note 2 of the Organization’s financial statements.
Title: NOTE 3 – RELATIONSHIP TO BASIC FINANCIAL STATEMENTS
Accounting Policies: The accompanying SEFA is presented using the accrual basis of accounting, which is described in Note 2 of the Organization’s financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Federal award expenditures agree or can be reconciled with the amounts reported in the Organization’s financial statements.
Title: NOTE 4 – INDIRECT COST RATE
Accounting Policies: The accompanying SEFA is presented using the accrual basis of accounting, which is described in Note 2 of the Organization’s financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Organization has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: NOTE 5 – PASS-THROUGH ENTITY IDENTIFYING NUMBER
Accounting Policies: The accompanying SEFA is presented using the accrual basis of accounting, which is described in Note 2 of the Organization’s financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The SEFA will reflect an identifying number for federal awards received from a pass-through entity. An identifying number
will not be reflected when the Organization determines no identifying number has been assigned for the program or the
Organization was unable to obtain from the pass-through entity.