Notes to SEFA
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or OMB Circular A-122, Cost Principles for Non-profit Organizations, wherein certain types of expendtirues are not allowable or are limited as to reimbursement.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or OMB Circular A-122, Cost Principles for Non-profit Organizations, wherein certain types of expendtirues are not allowable or are limited as to reimbursement.
Pocatello Neighborhood Services, Inc. has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The schedule of expenditures of federal awards has been restated to include the expenditures of $75,000 for the US Department of Housing and Urban Development, Self-Help Homeownership Program. These expenditures were inadvertently ommitted from the schedule of federal expenditures of federal awards.