Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: ACCRUAL BASIS
De Minimis Rate Used: N
Rate Explanation: THE ORGANIZATION USED A NEGOTIATED RATE
THE ACCOMPANYING SCHEDULE OF EXPENDITURE OF FEDERAL AWARDS INCLUDES GRANT ACTIVITY OF PEE DEE HEALTHY START PROGRAMS OF THE FEDERAL GOVERNMENT FOR THE YEAR ENDED SEPTEMBER 30, 2023. THE INFORMATION IS PRESENTED IN ACCORDANCE WITH TITLE 2 U.S CODE OF FEDERAL REGULATIONS (CFR) PART 200, UNIFORM GUIDE.
Title: SUMMARY OF ACCOUNTING POLICIES
Accounting Policies: ACCRUAL BASIS
De Minimis Rate Used: N
Rate Explanation: THE ORGANIZATION USED A NEGOTIATED RATE
EXPENDITURES REPORTED ON THE SCHEDULE ARE REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING.
Title: INDIRECT COST RATE
Accounting Policies: ACCRUAL BASIS
De Minimis Rate Used: N
Rate Explanation: THE ORGANIZATION USED A NEGOTIATED RATE
THE ORGANIZATION HAS NOT ELECTED TO USE THE 10 PERCENT DE MINIMUS INDIRECT COST RATE