Notes to SEFA
Title: 1. a
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles
contained in the Uniform Guidance and 0MB Circular A-122, CostPrinciples for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Rate is not used.
Accounting is done in accordance with US GAAP
Title: 1. g
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles
contained in the Uniform Guidance and 0MB Circular A-122, CostPrinciples for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Rate is not used.
Allocation of functional expenses.
Title: A.
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles
contained in the Uniform Guidance and 0MB Circular A-122, CostPrinciples for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Rate is not used.
Basis of Presentation
Title: B.
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles
contained in the Uniform Guidance and 0MB Circular A-122, CostPrinciples for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Rate is not used.
Summary of the accounting policies
Title: C.
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles
contained in the Uniform Guidance and 0MB Circular A-122, CostPrinciples for Non-Profit Organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Rate is not used.
Indirect Cost Rate not elected