Notes to SEFA
Title: Matching Costs
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (Schedule or SEFA) includes the federal grant activity of the Organization 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).Federal awards are received on a reimbursement basis.The capital outlays are reported in the Schedule. However, in the statement of activities, these outlays are capitalized, stated at cost at the date of the acquisition and are depreciated over the useful lives.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Matching costs, such as the nonfederal share of certain program costs, are not included in the accompanying Schedule.
Title: Cluster
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (Schedule or SEFA) includes the federal grant activity of the Organization 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).Federal awards are received on a reimbursement basis.The capital outlays are reported in the Schedule. However, in the statement of activities, these outlays are capitalized, stated at cost at the date of the acquisition and are depreciated over the useful lives.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Uniform Guidance defines a cluster of programs as a grouping of closely related programs that have similar compliance requirements. The Schedule includes the following cluster: Head Start Cluster Head Start and Early Head Start (COVID, ARP) (93.600) and Head Start Disaster Assistance (93.356)