Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of the Freedom House, Inc and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
Auditee elected to use 10% de minimis cost rate.
Of the federal expenditures presented in the Schedule, Freedom House, Inc provided $0 federal awards to subrecipients.
The folling amounts were expended in the form of non-cash assistance by Freedom House Inc and should be included in the Schedule of Federal Awards: Other Non Cash Assistance - $0
Insurance coverage in effect paid with Federal funds during the discal year: Property - $11,589; Auto -$0; General Liability - $47; Workers Compensation - $12,382; Loans/Loan Guarentees Outstanding at April 30: $0; Organization had Federal Grant requiring matching expenditures.