Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal and state awards (SEFSA) includes thefederal grant activity of the Alliance Center for Education, Inc. under programs of the federalgovernment for the year end December 31, 2022. The information in this SEFSA is presented inaccordance with the requirements of Title 2 US Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.Because the Schedule presents only a selected portion of the operations of Alliance Center forEducation, Inc., it is not intended Federal Awards (Uniform Compliance) to and does not presentthe financial position, changes in net assets or cash flows of Alliance Center for Education, Inc.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.