Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the activity of all federal awards programs of the Organization. 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). Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
The accompanying Schedule is presented using the accounting, which is described in Note 1 to the financial statements of the Organization.
The Organization has not elected to use the 10% de minimus indirect cost rate as allowed in the Uniform Guidance, Section 414.