Notes to SEFA
Accounting Policies: The Ministry participates in several programs sponsored by the U.S. Department of Agriculture (USDA) and administered through the Georgia Department of Early Care and Learning (DECAL) as listed in the accompanying Schedule of Expenditures of Federal Awards. All programs are subject to audit by the USDA, the GDECL and the SBA and they have the authority to determine liabilities, limit or suspend the Ministry's participation in the federal programs. The accompanying Schedule of Expenditures of Federal Awards is presented on an accrual basis of accounting consistent with the basis of accounting used by the Ministry in the preparation of its financial statements. The Schedule includes all known federal funds and pass-through federal funds expended by the Ministry for the year ended December 31, 2024. All grants/awards should be reviewed in deatail to determine if they contain any special provisions (for example, some awards require they be treated as major programs, even though they might not otherwise qualify as such). If the grant/award contains federal funding, the organization will obtain the following: name of the federal agency, award period, Catalog of Federal Domestic Assistance (CFDA) number. The grant/award should also be researched to determine if it is part of a cluster (including research and development) or a federal loan program. If the grant/award is passed through to/from a sub-recipient, the organization will obtain the pass-through entity identifying number. Prior to the grant/award becoming operational, the organization should review the OMB Compliance Supplements Matrix of Compliance Requirements. For every federally funded grant/award, personnel should be assigned for each are of compliance. Expenditures must be tracked for each individual grant/award. The accounting system must be set up to capture this information, and individuals must be established to assign expenses to each grant/award.
De Minimis Rate Used: N
Rate Explanation: N/A