Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of Bay Area Legal Aid (BayLegal) under programs of the federal government for the year ended December 31, 2024. 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 (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of BayLegal, it is not intended to and does not present the financial position, changes in net assets, or cash flows of BayLegal.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in 2 CFR 200, Subpart E (Cost Principles), wherein certain types of expenditures are not allowable or are limited as to reimbursement.
BayLegal did not elect to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
BayLegal did not receive federal insurance, loans, or noncash assistance during the year ended December 31, 2024. The balance of deferred revenue for LSC at December 31, 2024 was $0.