Notes to SEFA
The accompanying schedule of expenditures of federal awards presents the activity of all federal awards programs administered by NIA Community Service Network, Inc. (the “Organization”). Federal awards received directly from federal agencies are included on the schedule of expenditures of federal awards.
The information 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).
Federal award expenditures are reported on the statement of functional expenses as program services and any related allowable general and administrative expenses under the category of management and general expenses.
The Organization has elected not to use the 15 percent de minimus indirect cost rate as allowed under Uniform Guidance and instead uses the overhead allocation rate provided by the specific contracts for the programs.