Notes to SEFA
Accounting Policies: Note 1: Basis of PresentationThe accompanying Schedule of expenditures of federal awards (the "schedule") includes the federal award activityof Center for Digital Resilience, Inc. (the Organization) under programs of the federal government for theyear ended September 30, 2022. The information in this schedule is presented in accordance with the requirements ofthe Organization's grant through the U.S. Department of State and is in the format in compliance with Title 2 U.S. Code ofFederal 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 the organization it is not intended to,and it does not, present the financial position, changes in net assets or cash flows of the organization.Note 2: Summary of Significant Accounting Policies(1) Expenditures reported on this Schedule are reported on the accrual basis of accounting. Such expenditures are recognizedfollowing the cost principles contained in the Uniform Guidance, wherein certain types of expendituresare not allowable or are limited as to reimbursement.(2) Pass-through entity identifying numbers are presented where available.Note 3: Indirect Cost RateThe Organization has elected to use the 10 percent de-minimus indirect cost rateallowed under Uniform Guidance .Note 4: SubrecipientsThe Organization is the subrecipient of federal funds, which are reported as expenditures and presented as federal pass-through funds in the accompanying Schedule. Certain funds are passed through to sub-grantee entities by the Organization. Expenditures incurred by such sub-grantees and reimbursed by the Organization are also presented in the accompanying Schedule.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.