Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes only the federal grant activity of Elemental Excelerator, dba Elemental Impact (Organization) and is presented on the accrual basis of accounting. 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). Therefore, certain amounts presented in this Schedule may differ from amounts presented in, or used in, the preparation of, the financial statements of the Organization.