Notes to SEFA
Accounting Policies: Summary of Significant Accounting Policies
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of
Environmental Learning Centers of Connecticut, Inc. under programs of the federal government for the year ended
September 30, 2024. The information is this Schedule is presented in accordance with the requirements of Title 2
U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of
the operations of Environmental Learning Centers of Connecticut, Inc., it is not intended to and does not present
the financial position, changes in net assets, or cash flows of Environmental Learning Centers of Connecticut, Inc.
1. 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.
2. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Environmental Learning Centers of Connecticut, Inc. did not use the 10 percent de minimis indirect cost
rate.