Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal grant activity of Virgin Islands Advocacy, Inc. d/b/a The Disability Rights Center of the Virgin Islands (VI Advocacy, Inc. d/b/a DRCVI) under programs of the federal government for the year ended September 30, 2025. The information in this 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 VI Advocacy, Inc. d/b/a DRCVI, it is not intended to and does not present the financial position, changes in net assets or cash flows of VI Advocacy, Inc. d/b/a DRCVI.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement
VI Advocacy, Inc. d/b/a DRCVI has elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance for one grant.