Notes to SEFA
Basis of Accounting: The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of Valley of the Sun United Way and is presented on the accrual basis of accounting. The information in the SEFA 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). There were no donated goods and personal protective equipment received from federal sources that required recognition or disclosure in the notes to the SEFA.
Valley of the Sun United Way does not use the 10 percent de minimis indirect cost rate provided for in the Uniform Guidance.