Notes to SEFA
The accompanying schedule of expenditures of federal awards and state financial assistance includes the federal and state award activity of the Organization under programs of the federal government and state projects for the year ended December 31, 2025. 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) and by Section 215.97, Florida Statutes. Because this schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
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 and by Chapter 10.650, Rules of the Auditor General, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Selah Freedom Inc. has elected to use the 15% de minimis indirect cost rate allowed under the Uniform Guidance.