Notes to SEFA
Title: NOTE 1: Schedule of Expenditures of Federal Awards
Accounting Policies: Note 1- The accompanying schedule of expenditures of federal awards of Sunburst Projects is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance.
De Minimis Rate Used: Y
Rate Explanation: Note 1- The Organization elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
NOTE 1: SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
The accompanying schedule of expenditures of federal awards includes federal grant activity of the
Organization and is presented under the accrual basis of accounting. The May 2024 Edition of the Title 2
U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and
Audit Requirements of Federal Awards (Uniform Guidance) requires a disclosure of the financial activities
of all federally funded programs. This schedule was prepared to comply with the Uniform Guidance and
state requirements. Therefore, some amounts presented in this schedule may differ from amounts used
in the preparation of the general-purpose financial statements. The Organization elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance.
Revenue
Government contracts
$ 2,084,247
Less:
Prevention Services
141,155
AIDS Drug Assistance Program
201,761
342,916
Total Federal Grants $ 1,741,331