Notes to SEFA
The accompanying schedule of expenditures of federal and nonfederal awards (the Schedule) includes the federal and nonfederal award activities of Youth Service Bureau of St. Joseph County, Inc. The information in the Schedule 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 (the Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Youth Service Bureau of St. Joseph County, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Youth Service Bureau of St. Joseph County, Inc.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Youth Service Bureau of St. Joseph County, Inc. has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.