Notes to SEFA
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activityof National Association of Police Athletic/Activities League, Inc. under programs of the federal government for theyear ended December 31, 2025 . The information in this Schedule is presented in accordance with the requirementsof Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, andAudit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selectedportion of the operations of National Association of Police Athletic/Activities League, Inc. , it is not intended to anddoes not present the financial position, changes in net position, or cash flows of National Association of PoliceAthletic/Activities League, Inc.
Expenditures reported on the Schedule are reported on the of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain typesof expenditures are not allowable or are limited as to reimbursement. accrual basis of accounting
National Association of Police Athletic/Activities League, Inc. has elected not to use the 10 percent de minimisindirect cost rate allowed under the Uniform Guidance.