Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Ten County Aging Board, Inc. and is presented in accordance with generally accepted accounting principles. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulation Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Expenditures represent only the federally funded portions of the program. The Organization’s records should be consulted to determine amounts expended of matched from nonfederal sources.
The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including the Organization’s portion, may be more than shown.
The Organization has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance