Notes to SEFA
Title: NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
Accounting Policies: The schedule is prepared on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Organization elected not to use the 10% de minimis cost rate.
1. This schedule is prepared on the accrual basis of accounting.
2. The Organization did not elect to use the 10% de minimis cost rate as covered in 2 CFR §200.414 Indirect (F&A) Costs.