Notes to SEFA
Title: 3 NON-CASH ASSISTANCE, FEDERAL INSURANCE, LOANS, AND LOAN GUARANTEES:
Accounting Policies: Expenditures in the schedule are reported on the accrual basis of accounting. Such expenditures are recognized
following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. Negative amounts shown on the schedule represent adjustments or
credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: Y
Rate Explanation: Colorado Poverty Law has elected to use the 10-percent de minimis indirect cost rate allowed under the
Uniform Guidance.
Colorado Poverty Law did not receive any federal non-cash assistance, insurance, loans, or loan guarantees.