Notes to SEFA
The accompanying schedule is presented on the accrual basis of accounting, which is the same basis of accounting used for financial reporting purposes, and is in accordance with requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance). Expenditures reported on the accompanying schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, where certain types of expenditures may not be allowable or may be limited as to reimbursement. Because the accompanying schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
The Organization is a nonprofit corporation providing services helping families enhance their child's development and maintain them in the least restrictive living situation.
The Organization has elected not to use the 10 percent de minimis indirect cost rate allowedunder the Uniform Guidance.
The Orgnaization had no subrecipients.