Notes to SEFA
Title: Note A - Significant Accounting Policies
Accounting Policies: The accompanying schedule of expenditures of federal awards is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected to not use the 10% de minimis indirect cost rate for its federal programs for the year ended December 31, 2024. The indirect cost rates used on the Organization's federal programs are determined by the relevant federal agency.
The accompanying schedule of expenditures of federal awards is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards.
Title: Note B - Indirect Cost Rates
Accounting Policies: The accompanying schedule of expenditures of federal awards is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected to not use the 10% de minimis indirect cost rate for its federal programs for the year ended December 31, 2024. The indirect cost rates used on the Organization's federal programs are determined by the relevant federal agency.
The Organization has elected to not use the 10% de minimis indirect cost rate for its federal programs for the year ended December 31, 2024. The indirect cost rates used on the Organization's federal programs are determined by the relevant federal agency.