Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the award activity of Legal Assistance of Western New York, Inc. (LAWNY) under programs of the federal government for the year ended December 31, 2024, and has been prepared in accordance with accounting principles generally accepted in the United States. The information in the 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 LAWNY, it is not intended to and does not present the financial position, changes in net assets or cash flows of LAWNY.
Expenditures reported on 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.
LAWNY has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.