Notes to SEFA
Title: Note A - Basis of Presentation
Accounting Policies: See attached
De Minimis Rate Used: Y
Rate Explanation: See attached
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Legal Aid of West Virginia, Inc. 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 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 Legal Aid of West Virginia, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Legal Aid of West Virginia, Inc.
Title: Note B - Summary of Significant Accounting Policies
Accounting Policies: See attached
De Minimis Rate Used: Y
Rate Explanation: See attached
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. Additionally, pass-through entities identifying numbers are presented where available. Legal Aid of West Virginia, Inc. has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.