Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Organizationand is presented on the accrual basis of accounting. The information in this schedule is presented in accordance withthe requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, CostPrinciples, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented inthis schedule may differ from amounts presented in, or used in the preparation of, the financial statements
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.