Notes to SEFA
Title: Matching Costs
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or other cost principles applicable to not-for-profit organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. 2. The Organization has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.3. Grantor identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying Schedule of Expenditures of Federal Awards does not include matching costs.
Title: Audits by Other Auditors
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or other cost principles applicable to not-for-profit organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. 2. The Organization has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.3. Grantor identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
There were no audits by other auditors of the Organizations federal award programs during the year ended December 31, 2022.
Title: Non-Cash Assistance
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or other cost principles applicable to not-for-profit organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. 2. The Organization has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.3. Grantor identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Organization did not receive or expend federal awards in the form of non-cash assistance during the year ended December 31, 2022.
Title: Federal Loans and Loan Guarantees
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or other cost principles applicable to not-for-profit organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. 2. The Organization has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.3. Grantor identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Organization had no federal loans or loan guarantees outstanding as of December 31, 2022.
Title: Insurance
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or other cost principles applicable to not-for-profit organizations, wherein certain types of expenditures are not allowable or are limited as to reimbursement. 2. The Organization has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.3. Grantor identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Organization did not participate in any federal insurance programs for the year ended December 31, 2022.