Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of the Neighbor Network of Northern Nevada (N4) and is prepared 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). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements or other reports submitted directly to the grantor agencies.
N4 has elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.