Notes to SEFA
Accounting Policies: The schedule of expenditures of federal and state awards (the “Schedule”) includes the federal award activity of Remerge of Oklahoma County, Inc. (“ReMerge”) and ReMRE, Inc. (“ReMRE”) (collectively the “Organization”) under programs of the federal government for the year ended December 31, 2024. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR), Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization. Expenditures reported in the Schedule are reported on the accrual basis of accounting and, accordingly, represent the total amount for the program.
De Minimis Rate Used: N
Rate Explanation: Cost rates are utilized based on grant allowance, if any.