Notes to SEFA
Title: NOTE A BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are
recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are
not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Cascade Run, Inc. has not elected to use the 15 percent de minimis indirect cost rate as allowed under the
Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity
of Cascade Run, Inc., HUD Project #033-HD093, under programs of the federal government for the year ended
March 31, 2025. 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 Cascade Run, Inc., it is not intended to and does not present the financial position, changes in
net assets, or cash flows of Cascade Run, Inc.