Notes to SEFA
Accounting Policies: Note 1: The accompanying schedule of expenditures of federal awards and state financial assistance includes the federal and state grant activity of the Organization and is presented on the accrual basis
of accounting. The information in this schedule is presented in accordance with the requirements of "Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards."
Therefore, some of the amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements.
Note 2: Summary of Significant Accounting Policies: Expenditures reported on the 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. The Organization has elected not to use the 10 percent de
minimis indirect cost rate allowed under the Uniform Guidance
De Minimis Rate Used: N
Rate Explanation: Note 1: The accompanying schedule of expenditures of federal awards and state financial assistance includes the federal and state grant activity of the Organization and is presented on the accrual basis
of accounting. The information in this schedule is presented in accordance with the requirements of "Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards."
Therefore, some of the amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements.
Note 2: Summary of Significant Accounting Policies: Expenditures reported on the 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. The Organization has elected not to use the 10 percent de
minimis indirect cost rate allowed under the Uniform Guidance