Notes to SEFA
The Schedule of Expenditures of Federal Awards has been prepared on the accrual basis of accounting. Revenues were adjusted to balance the expenditures incurred for each project.
An extensive compliance test, as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) was peformed on the Foster Care - Title IV - E, which represents 100% of the total expenditures reflected on the Schedule of Expenditures of Federal Awards. Foster Care - Title IV - E exceeded $355,601, and, therefore, represents the only program to which the specific compliance requirements must be tested.
The Organization has not elected to use the 10% de minimis indirect cost rate.