Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Solid Ground Washington and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic consolidated financial statements.
Solid Ground Washington has a negotiated indirect cost rate for use on federal grants and contracts. For 2025, the provisional rate is 14.4%, based on total direct costs excluding capital expenditures, rental expense, subaward costs in excess of allowable thresholds. As such, Solid Ground Washington is not eligible to elect use of the 15% de minimis indirect cost rate.