Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the state and federal activity of Valley
Association for Independent Living, Inc. and is presented on the accrual basis of accounting. The information is
presented in accordance with the requirements of OMB Uniform Guidance, Audits of States, Local
Governments, and Non-Profit Organizations. Therefore, some amounts presented in this schedule may differ
from amounts presented in, or used in the preparation of, the basic financial statements. The information has
been prepared in accordance with United States generally accepted accounting principles. The purpose of the
schedule is to present, in summary form, federal and state awards received by Valley Association for
Independent Living, Inc. under contracts with various granting agencies to provide services to individuals with
disabilities.
De Minimis Rate Used: N
Rate Explanation: Valley Association for Independent Living Association, Inc. has elected not to use the 10% de minimis indirect
cost rate allowed under the OMB Uniform Guidance.