Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards presents the activity of federal financial assistance programs administered by Center for Community Alternatives, Inc. (the Center), an entity as defined in the basic financial statements. The information in this schedule is presented in accordance with 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 this schedule presents only a selected portion of the operations of the Center, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Center. The amounts reported as expenditures of federal awards were obtained from the accounting records utilized to record activity for the applicable program and periods. These accounting records are periodically reconciled to the appropriate federal financial reports for each program. The federal expenditures are recorded on an accrual basis, in accordance with accounting principles generally accepted in the United States.
De Minimis Rate Used: N
Rate Explanation: Indirect costs are included in the reported expenditures to the extent they are included in the federal financial reports for each program. The Center has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.