Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards presents all activity of all federal award programs of Brighter Choice Elementary Charter Schools. All federal awards received directly from federal agencies, as well as federal awards passed through from other governmental agencies, are included in the schedule. The information is presented in accordance with the requirements of the Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting, which is described in the notes to Brighter Choice Elementary Charter Schools’ financial statements.
Brighter Choice Elementary Charter Schools is a tax-exempt organization. All federal grant operations of Brighter Choice Elementary Charter Schools are included in the scope of the Single Audit.
Brighter Choice Elementary Charter Schools did not elect to use the 10% de minimis indirect cost rate.
Brighter Choice Elementary Charter Schools did not have any subrecipients.
Brighter Choice Elementary Charter Schools did not receive any federal assistance in the form of loans or loan guarantees.