Notes to SEFA
Title: INSURANCE
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Community Farm
Alliance, Inc. and is presented on the accrual basis of accounting. 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 Community Farm Alliance, Inc., it is not intended to
and does not present the financial position, changes in net assets, or cash flows of Community Farm Alliance, Inc.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform
Guidance.
The Organization carried insurance coverage during the entire year in amounts sufficient to or in excess of required
levels, including coverage for general and professional liability, real and personal property, workers’ compensation
and fidelity bonding of employees who have access to funds.