Notes to SEFA
Title: Note 2: Subrecipients
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal cost-reimbursable contracts and grants activity of the Organization and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the consolidated financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization elected not to use the 10% de minimis indirect cost rate for the year ended September 30, 2022.
Of the federal expenditures presented in the schedule, the Organization provided federal awards to subrecipients as follows: See the Notes to the SEFA for chart / table.